Recommendations of Mobivi: Establishing Credit Lending Micro Donations And Allied Services In Vietnam Using Telecom Technologies Case Help

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Recommendations of Mobivi: Establishing Credit Lending Micro Donations And Allied Services In Vietnam Using Telecom Technologies Case Study Help

On the basis of above internal and external analysis of the company along with the assessment of numerous options, the business is recommended to think about alternative 3. As alternative 3 would permit the business to expand in international markets without any reduction in its local incomes and any degeneration of its market position. The business might pursue alternative 1 which would enable the company to focus on prospective international markets rather than the local markets but as the company is highly reliant on the regional markets with 90% of its shops in the United States, there fore pursuing alternative 1 would result in the considerable decrease in business's income.

Aletrnative-1: Expanding International Brick and Recommendations of Mobivi: Establishing Credit Lending Micro Donations And Allied Services In Vietnam Using Telecom Technologies Case Solution Stores

Growth towards worldwide markets through opening brand-new shops in other Europe and Asian countries with closing domestic stores is although an excellent alternative for increasing the worldwide existence of the company. However, the closing of domestic shops could extremely affect the profits of the company as above 90% of its stores lie locally and closing those shops would eventually lower the profits of the firm. Moreover, the business has a long term market position in US which can not be generated quickly in the new markets. The choice would help the business to expand in international markets together with the elimination of problems raised in its local markets associated with its variety. The benefits and drawbacks for Alternative 1 are noted below;

Pros:

• Expedition of brand-new global markets.
• Boost in earnings from worldwide markets.
• Removal of problems related to variety.
• Revenue diversity.
• Step towards being a strong international brand.

Cons:

• Loss of extensive incomes from the local markets.
• Boost in competition.
• Differences in cultures could resulted in a failure of the brand specifically in Asian nations.
• Low incomes at initial levels.
• Increase in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Mobivi: Establishing Credit Lending Micro Donations And Allied Services In Vietnam Using Telecom Technologies Case Analysis Stores

Alternative 2 consists of the intro of online market locations through generating a proper company's website. With the increased patterns towards online shopping, the online stores like Amazon, Alibaba etc. might posture an extreme hazard to the marketplace share of company. The competitors are moving towards click and Recommendations of Mobivi: Establishing Credit Lending Micro Donations And Allied Services In Vietnam Using Telecom Technologies Case Analysis stores with Space presenting Piperline. This shift towards online markets could reduce the incomes for business. In this circumstance the business could think about introducing Click and Recommendations of Mobivi: Establishing Credit Lending Micro Donations And Allied Services In Vietnam Using Telecom Technologies Case Analysis stores. These stores with a low requirement of funds to settle would allow the company to reach global markets, without ending its domestic stores. The pros and cons of option 2 are provided as follows;

Pros:

• Low financial investment
• Reducing competitors danger
• Access to the world markets
• Increasing the size of customer base
• Easy to handle
• Big Profits
• Low Operating Costs
• Easy brand-new market entrance

Cons:

• Threat to the market position
• Removal of brand Originality
• Elimination of the fantastic store experience.
• Threat of decline in elite sales.

Alternative-3: Expansion towards International Markets Without closing Domestic Stores

Another option that the company could consider, is to broaden towards the international markets without closing its domestic stores that contributes to the major part of profits of the company. The advantages and disadvantages connected to Alternative 3 are given below;

Pros:

• Reducing competitors hazard
• Access to the world markets
• Increasing the size of consumer base
• Large Profits
• Exploration of new international markets.
• Increase in earnings from international markets.
• Income diversity.
• Step towards being a strong international brand.

Cons:

• Continuation of issues connected to diversity.
• Distinctions in cultures could led to a failure of the brand name specifically in Asian countries.
• Low profits at preliminary levels.
• Increase in marketing expenses to gain market share.



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