Recommendations of Mountain Hazelnuts Social Entrepreneurship In Bhutan Case Solution

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Recommendations of Mountain Hazelnuts Social Entrepreneurship In Bhutan Case Study Help

On the basis of above internal and external analysis of the business along with the assessment of various alternatives, the business is suggested to think about alternative 3. As alternative 3 would permit the business to expand in global markets without any decrease in its local profits and any wear and tear of its market position. By thinking about Alternative 3, the business could preserve its store experience and brand name individuality. It could also think about alternative 2 that could enable the business to access the markets without any possible financial investment. The company might pursue alternative 1 which would make it possible for the company to focus on potential global markets rather than the local markets however as the business is extremely reliant on the local markets with 90% of its stores in the United States, there fore pursuing alternative 1 would result in the considerable decrease in business's profits. The company is recommended to consider alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Mountain Hazelnuts Social Entrepreneurship In Bhutan Case Solution Stores

The business has a long term market position in US which can not be created quickly in the new markets. The choice would help the business to broaden in international markets along with the elimination of problems raised in its local markets related to its diversity.

Pros:

• Exploration of new worldwide markets.
• Increase in revenue from global markets.
• Removal of problems connected to diversity.
• Profits diversification.
• Step towards being a strong international brand.

Cons:

• Loss of comprehensive incomes from the regional markets.
• Boost in competition.
• Differences in cultures might resulted in a failure of the brand especially in Asian nations.
• Low incomes at preliminary levels.
• Increase in marketing expenses to gain market share.

Alternative-2: Introduction of Click and Recommendations of Mountain Hazelnuts Social Entrepreneurship In Bhutan Case Help Stores

Alternative 2 consists of the introduction of online market places through producing an appropriate company's website. With the increased trends towards online shopping, the online stores like Amazon, Alibaba and so on could posture an extreme danger to the market share of business. Furthermore, the rivals are moving towards click and Recommendations of Mountain Hazelnuts Social Entrepreneurship In Bhutan Case Analysis shops with Space presenting Piperline. This shift towards online markets might decrease the revenues for company. In this situation the business might think about presenting Click and Recommendations of Mountain Hazelnuts Social Entrepreneurship In Bhutan Case Solution stores. These stores with a low requirement of funds to settle would allow the business to reach global markets, without ending its domestic shops. The pros and cons of alternative 2 are offered as follows;

Pros:

• Low financial investment
• Lowering competitors risk
• Access to the world markets
• Enlarging customer base
• Easy to manage
• Large Revenues
• Low Operating Costs
• Easy brand-new market entrance

Cons:

• Threat to the market position
• Elimination of brand Uniqueness
• Elimination of the great shop experience.
• Risk of decrease in elite sales.

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

Another option that the business might consider, is to broaden towards the international markets without closing its domestic shops that contributes to the huge part of earnings of the business. The advantages and disadvantages connected to Alternative 3 are provided listed below;

Pros:

• Decreasing competitors hazard
• Access to the world markets
• Enlarging consumer base
• Large Earnings
• Exploration of brand-new worldwide markets.
• Increase in earnings from global markets.
• Revenue diversification.
• Step towards being a strong international brand name.

Cons:

• Continuation of problems associated with diversity.
• Distinctions in cultures might caused a failure of the brand name especially in Asian nations.
• Low revenues at initial levels.
• Increase in marketing expenses to gain market share.



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