It is a way to broaden the horizon: - when firm or companies are in multiple countries around the world, this can strengthening by then different cultures that they are exposed to on a daily basis. We all have something to teach each one another if we willing to listen. 2. Increase the visibility of the business brand: - When a company or business market is able to expand, the visibilities of that brand expands along with it. A growing international presence will, therefore, can make it easier in the future to continue expansion opportunities this is because of the increase brand recognition.
Also, the internal structure of Alibaba viz its division in 1688.com, Taobao.com, Tmall.com,Aliexpress.com etc help in efficient operations, as well as cost reduction since this, helps them to serve specific segments of customers. Alibaba – Going Global In order for its sustained growth, Alibaba is increasing its reach of operations. It is expanding into Asia Pacific region, Americas, and Europe. The customers of these regions have different demands. Hence Alibaba has taken following steps to help its global growth: a.
5. Summarize your analysis and conclusion/recommendation (this will be reflected in your case writing). Solution: After all the analysis, we can see that direct cost will be more beneficial. It will help company have direct interaction with the customer, know their needs, people will have more options. This will increase Crafton’s share in the market in the coming time.
Those details are listed below - The Processing Method - One of the foremost factor that contributes to the high cost of a good tea is the delicacy of the processing method. Most of us know that green tea is the least oxidized type of tea out of all other types. The producers have to make special arrangements as they have quite less time between plucking the raw tea leaves till its processing. Also, unlike other brews, green tea processing typically involves more manual labour, eventually increasing the cost of the final output. Lesser Yield and Climatic Factors: The finest quality of green tea is loose leaf green tea which are handcrafted by artisan tea makers in small quantities.
is a company full of opportunities - by engaging the correct method, it allows the company to remain competitive and have an advantageous growth in the market with an opportunity to expand its retail outlets. Tiffany & Co. has been persistent in its pursuance of store expansion strategy that it initiated in 2007 and managed to open new boutiques and stores in various locations internationally. These new retail outlets would not only increase the geographical reach of the company, at the same time enhancing its position and competitiveness in the market. Online Sales In addition to retail/direct sales, there are impressive opportunities from the online sales. Online shopping is in fact an upward trend in the United States and the world at large.
Mergers and acquisitions should be used to amplify strategies and growth. This business deal should facilitate the right combination of 4P’s-People, Processes, Product and Presence. The merged entity has to coordinate and deal with the 4P’s very efficiently and effectively. It has to cater to a more diversified and huger customer-supplier base, synergies of prices and costs, a wider range of products and services, and finally increase its visibility through tapping the right market. There has been a steady increase in the number of M&A transactions, nationally and globally due to various drivers like increasing visibility through establishing brands, decrease tax liabilities, jettison competition, revitalise loss making firms and corporations
As a consequent, production process improves leading to growth in aggregate output in the long run. He argues that the new technology can lead to increasing returns to all the input variables. Subsequently, Grossman and Helpman (1991) make important contributions to the work by Romer (1990). In their new model, R&D results in product innovation (i.e. invention of new goods) and consumers tend to consume more of a new product because they derive greater utility from them.
By drinking pure greed tea from good green tea leaves, it can limit the amount of the sugar in the blood vessels. Also it can help us to decrease the level of diabetes in our body. Moreover, the substance in the green tea leaves can burn the calories and eliminating accumulated of our body fats. Third, the cost of green tea is cheap but high in the quality. Because in the present, we can find green tea very easy in the shop such as 7-eleven, Tesco Lotus, or even normal department store which that make the different brands of green tea have to competitive for each brand all time to sell their
Marketing Objectives: • These new products will increase sales and generate more profit for the company. • The new products will expand the consumer market. • The marketing of the new products will improve the awareness of the organisation, its brand and its old products as well. • The marketing will increase and add to the already established marketing efforts of the company for their target market. • The marketing will ensure that the company stays relevant in the consumer market.