Case Study Report format:You will submit one word document. Total word count for this assignment is 2000 words, with 1000 words allocated to each case study. Please separate out the two case studies –...

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Case Study Report format:You will submit one word document. Total word count for this assignment is 2000 words, with 1000 words allocated to each case study. Please separate out the two case studies – and start the second case study on a new page. Each case study will have the following sections:1. Identification and justification of the main issues / problems2. Comments on effective alternative solutions3. Proposed best solution, justification and its implementation plan1. Identification and Justification of the Main Issues/ Problems: (200 words approx.)Identified problems should be such that the decision maker could address them and that actions could be taken by the decision-maker to resolve them. A good problem definition keeps the case analysis tightly structured because everything discussed after this point is related to the problem(s) stated in this section. Each problem is stated in one sentence, and is NOT given in the form of a question. There should be no more than 3 problems identified. Please provide justification for each substantial problem identified.Your justification of the identified problems should be supported by facts given in the case together with the relevant theory and course concepts learning in this unit as well as in other marketing units.2. Comment on effective alternative solutions (alternative solutions already mentioned in the case or proposed by you) (400 words approx.)There is no one correct answer to any case analysis. As is the case in real life, there are more than one ways to interpret a case and solve problems. The approaches, interpretations and recommendations of different students will probably vary considerably. This provides a useful opportunity to compare and discuss different analyses and alternative solutions, which is a common practice in real life before finally recommending one solution.In this section you need to identify at least two courses of action. As a rule of thumb, you should identify two to three alternatives. Don’t present an alternative just to fill up the section. You should carefully and concisely identify both the pros and cons for each alternative that you identify. These are likely to be based mostly on the problems that you have identified. You might firmly believe that one solution is best. Still, you should provide a balanced discussion of all alternatives that you have identified. Use theory and concepts learnt in this unit or other marketing units that you have completed to strengthen your answer where possible.3. Propose best solution, justification and its implementation plan (400 words approx.)Regardless of how many alternatives you propose, you should only present the most viable solution. Spell out your recommended program of action for the best alternative solution that you are recommending. Base your choice upon a critical evaluation of the "crucial" differences between alternatives. Indicate how you anticipate overcoming potential negative factors associated with your recommended plan of action. Don't repeat information from the alternatives section. Simply state which alternative you think is best and why it is the best solution. Conclude with a strong call to action (i.e., how you will implement your best solution that you are recommending). Use different theories and concepts learnt in marketing to strengthen your discussion.
Answered Same DayMay 30, 2022

Answer To: Case Study Report format:You will submit one word document. Total word count for this assignment is...

Parul answered on May 31 2022
103 Votes
IKEA Inc. The India Way
IKEA Inc. The India Way
CASE STUDY 2
Case Study 2: IKEA Inc. The India Way
Introduction
This case study explains the challenges and opportunities of expanding business in different
geographies. As IKEA plans to enter the Indian market it has been surrounded with several question like government norms, tax compilations’, target audience etc. which had delayed he execution of this plan for many years. The debut store of IKEA was established in Hyderabad in the year 2018. The Indian CEO of the company, IKEA Mr. Juvencio Maeztu was therefore, very skeptical about the overall success of the business in the country. After the success of the company in the Chinese market which has many similarities with the Indian market, since both are biggest South Asian markets that home to 1.4 billion people on the planet. In coming 10 years, India will be home to many international brands because of massive increase in the working class population. However, it has peculiar traits and attributes which might be difficult to penetrate initially. Therefore, if the companies like IKEA aspires to not only survive the problems while developing its equity in the country for initial years but also thrive in the business then it is crucial to comprehend the Indian market at the granular level.
1. Identification and justification of the main issues / problems
· In India, entire furniture industry is very fragmented. The market is highly unregulated and completely fragmented which establishes wide variations of experience from the customers.
· Furthermore, the industry is already dominated by some key players in the market. There are already established players in the market with massive brand recognition and customer engagement.
· There is Intense Competition by the unorganized furniture retailers who were playing on cost parameter. Indeed, the rivalry in the market can cripple the growth of any new entrant in the market
· The organized sector consist of huge companies like G&B Manufacturing (Godrej & Boyce), Featherlite, BP Ergo, Style Spa, Yantra, Duian ,...
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