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Marketing Strategy for Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B
Posted by Addison on Mar-29-2023
Introduction
The report primarily focuses on the marketing strategy of Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to give a reader an overview of the growth dynamics of the company. Recently, several strategic issues and managerial problems have been identified in marketing strategy of Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B that have drawn the attention of the entire management to devise new marketing strategies that can help the company to resolve the problems to continue its expansion and future growth to achieve a competitive edge in the marketplace. This report is written to provide Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B marketing strategy with the required strategic solutions using multiple frameworks and tools.
External Environmental Analysis
PESTLE Analysis is the most popular strategic tool that is used by many organizations when conducting an external environmental analysis. This framework typically focuses on political, economic, social, technological, legal, and environmental factors that can impact the macro environment of the business (Zalengera, E.Blanchard, & C.Eames, 2014).
Political factors
Political Stability
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B operates in a politically stable environment, which means that it provides the company with more friendly and stable business growth opportunities (Christodoulou & Cullinane, 2019). However, since Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B operates in multiple countries, there are high chances of various political tensions that can cause instability in market growth trends for Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B. This can limit the company's growth opportunities.
Pressure Groups
Moreover, it is important for Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to analyze and monitor the activities of pressure groups. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can create a close collaboration with these groups to achieve long-term goals.
Corruption and Changing Policies
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B must keep a close check on the changes in any government policies because they can directly impact the performance of the business. The operations of Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B are its different countries can become unpredictable if there is a high level of corruption and weak enforcement of the law (Achinas, Horjus, & Achinas, 2019).
Trade and Taxes
The profitability of a company is directly influenced if there are high taxes in a country. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B should look into the taxation policies in each country before further expanding its operations (Eierle, Hartlieb, & C. Hay, 2022). Similarly, if there are high trade restrictions, it can get difficult for Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to import and export its products, impacting the relationships with trade partners.
Economic factors
GDP, Employment, and Exchange Rates
The long-term growth strategies of Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B are majorly determined by the GDP growth of the economy. The purchasing power of consumers significantly increases with a high GDP. High unemployment in an economy shows that Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can benefit from surplus labor with low-cost wages. Furthermore, Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B should monitor interest rates as it can affect the borrowing ability. With that being said, if there is a high fluctuation in currency, the profitability of Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can also be influenced (Sadeghi, 2020).
Labor Market
It is important for Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to make appropriate predictions regarding the labor market conditions in a specific economy (Sadeghi, 2020). This can help the company to hire a more talented workforce that can improve the performance of the company.
Industry lifecycle stage
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B should consider expanding its operations in growing economies to benefit from growth opportunities. It can be challenging for Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to enter a mature industry at a growing stage (Villamarín & Pinzon, 2017).
Social factors
Demographics
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B should study the changing patterns of demographics, such as socio-economic variables, the aging population, and trends in migration (Barbara & Cortis, 2017). This can help the company to identify the right segment to target with a high potential for growth opportunities.
Cultural norms
Every country and society has a distinctive culture with different norms and values. It is important for Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to study and identify social class stratification.
E-commerce
There has been a significant shift in online shopping. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B needs to adopt necessary changes considering the growing use of social media networking sites and mobile phones to increase its revenue and overall profitability (Villamarín & Pinzon, 2017).
Technological factors
Technological innovations
On-going technological innovations should be considered carefully by Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B so that it can stay ahead of the competitive market. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B should continue working on introducing major technological transformations to achieve a competitive advantage (Rastogi & TRIVEDI, 2016).
Social Media Marketing
The collaboration with consumers has been growing rapidly because of the development of communication technologies (Rastogi & TRIVEDI, 2016). Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can take it as a great opportunity where can use innovative strategies to expand its customer base.
Environmental factors
Waste Management
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B should implement the latest technological tools to minimize environmental pollution. Waste management is now getting popular and has been considered a major business norm (Igliński, Iglińska, & Cichosz, 2016).
Climatic Conditions and Eco-friendly products
Climatic conditions can influence the efficiency of Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B. The cost of a company's operations can be increased if there are extreme weather conditions. Similarly, there has been an increasing demand for eco-friendly products. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B should work towards adopting more sustainable business practices to gain customer trust (Barkauskas, Barkauskienė, & Jasinskas, 2015).
Legal factors
Employee protection laws
It is important for Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to follow the health and safety laws for its employees that are issued by the authorities to ensure the safety of its labor.
Consumer laws
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B should protect its customer data to ensure their security and privacy concerns. Moreover, it should set the right price with the right product quality (Igliński, Iglińska, & Cichosz, 2016).
Porter's Five Forces
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can use Porter's Five Forces to analyze the competitive landscape of the industry. The strategic planners of Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can use this framework to make effective decisions.
Threat of New Entrants
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B operates in an industry where it is difficult to achieve economies of scale, making it difficult for new entrants to enter the industry (Yunna & Yisheng, 2014). There is a strong product differentiation with high capital requirements. Moreover, it is difficult to establish a distribution network easily in this industry. Thus, Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B has a weak threat of new entrants.
Bargaining Power of Suppliers
There are more suppliers in the industry of Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B. This shows that there is less control over prices. Organizations like Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can easily switch to other suppliers because of less differentiation in products. This makes the bargaining power of suppliers a weak force in Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B's industry (H. Th. Bruijl, 2018).
Bargaining Power of Buyers
The industry in which Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B operates has many suppliers as companies to buyers. This means that buyers have fewer options and do not have control over prices (H. Th. Bruijl, 2018). The high product differentiation shows that there are few alternative products for buyers, and there is a high switching cost. This makes the bargaining power of buyers a weak force in the industry.
Threat of Substitute Products and Services
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B operates in an industry that offers very few substitutes to its customers. The substitutes that are available are expensive because of their high quality (Zhao, Zuo, & Wu, 2016). However, companies like Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B sell their products at a lower prices. This clearly shows that buyers may feel reluctant when switching to other substitutes.
Rivalry Among Existing Firms
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B operates in a less competitive industry. The already established companies have a large market share, meaning that any move by the existing companies will be noticed. Moreover, Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B has to take several competitive actions to become a market leader, as the industry is likely to grow rapidly in the coming years (Aithal, 2020).
SWOT Analysis
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can make use of SWOT analysis to effectively analyze the company's internal strengths, weaknesses, external opportunities, and threats.
Strengths
Strong distribution network
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B operates in various countries and has multiple outlets that help the company to deliver its products quickly to its customers. This shows that Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B has a strong distribution network (Benzaghta, Elwalda, & Mousa, 2021).
Financial position
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B has established itself as a strong financial company over the past few years. It has generated enough profits that can be used to finance any future expenditure (Basset & Mohamed, 2018).
Automation
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B has adopted the latest and innovative technology in its business operations, which has allowed the company to reduce its production costs (Benzaghta, Elwalda, & Mousa, 2021).
Social media presence
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B has been successful in establishing itself as a strong brand on social media platforms that, includes Facebook, Twitter, and Instagram. This increases customer engagement (Basset & Mohamed, 2018).
Weaknesses
High rent costs
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B has its manufacturing plants on rented properties. This increases the company's overall costs, and a significant portion of Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B's profits go into paying the rent (Comino & Ferretti, 2016).
Research and Development
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B has not been able to conduct effective and in-depth market research regarding new markets and products (Comino & Ferretti, 2016). Customer trends are always evolving, and it is important for Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to take immediate action in conducting its research.
Centralized Power
There has been a centralized decision-making process in Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B. This means that employees have to consult their managers before taking any decision themselves. This slow down the decision-making process. and employees feel demotivated. Thus, impacting the operations of Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B (Comino & Ferretti, 2016).
Opportunities
Presence of Internet
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B has a great opportunity of expanding its business by using the internet. Since there has been a growing trend in online shopping Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can boost its sales by expanding its online stores (Yan, Xia, & X.H.Bao, 2015). Additionally, social media platforms can be updated constantly to engage customers with all the new products introduced by Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B.
Technological Innovations
Technology is constantly evolving, and Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can benefit from it by implementing the technology in its various departments. Manufacturing process can be completed automated, which can eventually help Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to reduce its costs (Taghavifard, Mahdiraji, & Alibakhshi, 2018).
Globalization
The continuous increase in globalization has allowed Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to expand its business operations across borders. It has the opportunity of entering new markets (Yan, Xia, & X.H.Bao, 2015).
Threats
New Entrants
Recently, many companies are entering the industry in which Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B operates. This means that there are chances of increased competition. This poses a threat to Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B as it has to put more effort into gaining market share (Taghavifard, Mahdiraji, & Alibakhshi, 2018).
Fluctuations in exchange rates
The exchange rates are highly subjected to fluctuations that negatively impact the sales of Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B needs to study the changing fluctuations to keep up with its profitability (Vlados & Chatzinikolaou, 2019).
Consumer trends
The consumer trends are constantly changing, that causes changes in their demands. This puts pressure on companies like Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B, who have to continuously meet their consumer demands. Moreover, there is a significant threat from substitute products because consumers tend to switch to these companies (Vlados & Chatzinikolaou, 2019).
Marketing Mix
Product
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B operates in a wider range of products. Each of the products has its further product lines that are sold under the Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B. This means that customers can benefit from a large variety of products. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B sells highly differentiated products with higher quality that, gives it a competitive edge (Khan, 2014).
Price
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B follows a competitive pricing strategy. The company also takes into account all its costs before setting its prices (Londhe, 2014). Currently, Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B is using a product bundle pricing strategy where customers get bundled products at lower prices.
Place
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B has adopted various distribution channels to reach its customers. The company sells its products through its website directly (Thabit & Raewf, 2018). Apart from this, it also distributes its products to wholesalers, who then further sell it to small retailers. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B has its own retail stores where it sells its products directly to consumers.
Promotion
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B uses traditional and modern promotional techniques. TV ads are used to reach a larger audience. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B also advertises on social media sites such as Facebook, Instagram, and Twitter. Events are sponsored by the company. Moreover, Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B participates in several exhibitions (Londhe, 2014).
VRIO Analysis
Valuable
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B engages in corporate social responsibility activities. This has allowed the company to establish a strong brand image. Since, Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B has a well-established distribution network, the products are reached to consumers in a timely manner. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B has been able to introduce innovation in its various departments, which has lowered its costs (Ariyani & Daryanto, 2018).
Rare
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B operates in multiple countries. This means that its global presence is a rare factor. It works towards an organizational culture that encourages teamwork, and creativity among employees (Ariyani & Daryanto, 2018). Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B is also able to adapt to different societies, and cultures due to its exposure to various locations.
Inimitable
The products produced by Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B are of a high quality. Customers make repetitive purchases, and thus it is an inimitable source. (Miethlich & G. Oldenburg, 2019). Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B has a significant placement of its stores that gives an easy access to its customers. Additionally, the company has been using a competitive pricing strategy because it has been able to achieve economies of scale, thus lower production costs.
Organization
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B, over the years, has successfully gained a financial strength. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can make use of these finances to invest in major acquisitions that give it more growth opportunities. The advancements in technology have allowed Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to manage its operations more effectively. Distribution channels are another resource for Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B. The supply chain is very efficient, resulting in more revenue (Miethlich & G. Oldenburg, 2019).
Value Chain Analysis
Primary Activities
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B is involved in primary activities such as the production of goods and then selling them to the target audience.
Inbound Logistics
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B should ensure to have a strong relationship with its suppliers to avoid any inconvenience in receiving, storing, and distributing the product. This will help Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to have a more effective transformation of a product (Ariwibowo & Saputro, 2021).
Operations
Operations involves manufacturing as well as services. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B should conduct an in-depth analysis of its operational activities to remain ahead of its competitors (M.El-Sayed, W.Dickson, & O.El-Naggar, 2015). This will increase the productivity of the company, and more profits can be generated.
Outbound Logistics
It is important for Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to analyze, and optimize its outbound logistics so that it is able to achieve the long-term corporate goals. Managing outbound activities properly reduces the chance of late deliveries (M.El-Sayed, W.Dickson, & O.El-Naggar, 2015).
Marketing and Sales
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B should use various marketing and sales techniques to differentiate its products from its competitors. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can adopt marketing and sales activities such as promotional activities, advertising, and building strong relationships with suppliers and customers (Ariwibowo & Saputro, 2021).
Services
In terms of services, Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B must ensure that it provides its customers with the pre-sale and post-sale services (Jaligot, C.Wilson, & R.Cheeseman, 2016). The post-sale service typically falls into the promotional activities of a company. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can thus develop its customer loyalty.
Secondary Activities
Firm infrastructure
A strong infrastructure of a firm can enable Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to optimize the entire value chain of the company. Moreover, by controlling the infrastructure activities, Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can be in a better position to get a strong foothold in the competitive marketplace (Darmawan & Wiguna, 2014).
Human Resource Management
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B should place its major focus on analyzing the different aspects of HR, such as recruitment, selection, training, and performance evaluation of employees (Darmawan & Wiguna, 2014). Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can reduce its costs by identifying and analyzing the costs associated with hiring and training.
Procurement
Procurement is an important element in the Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B's value chain. It is important for the company to assess its overall procurement activities so that the inbound, outbound, and operational activities can be optimized (Kumar & P. V., 2016).
Ansoff's Matrix
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can implement Ansoff's Matrix to make decisions regarding its business growth. This framework includes four different strategic choices that can be selected by Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B.
Market Penetration
Production capacity
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can increase its overall production capacity. This will allow the company to reach more wider audience in an existing market. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can also benefit from the reduced costs by expanding its production capacity. Thus, Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can attract more customers using competitive pricing (Madsen, 2017).
Marketing Investment
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can penetrate the market by investing more in marketing and sales activities. This will help the company to engage with its customer more effectively, leading to more potential customers (Dawes, 2020).
Distribution Channels
Innovative and unique distribution channels can be explored by Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B. This will enable the company to reach new segments and groups of customers (Dawes, 2020). In addition to this, Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can penetrate the market by improving its supply chain, giving more accessibility to customers.
Joint Ventures/Acquisitions
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can enter into joint ventures or can take over other leading companies of the market. This will give Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B more market share.
Market Development
Research & Development
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B should keep on investing in its R&D department, so it is able to identify the changing trends of the market. This will help Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to target the right market at the right time (Mukangai & Murigi, 2021).
Expanding Regionally
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can enter in a new market by expanding its operations regionally. This includes considering different cities of the country. Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B must consider any cultural differences when entering a new market (Mukangai & Murigi, 2021).
New Segments
New segments of the current market can be explored (Mukangai & Murigi, 2021). Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can add new features and product uses to its existing products that satisfies the needs of a different customer segment.
Product Development
Modifications
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can modify the existing product by improving its features to enhance the product offerings.
Launching additional products
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B should invest in its R&D department so it can come up with new and innovative products that attracts and fulfill the needs of the target audience. This will boost the sales of Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B and will increase profitability (Khajezadeh, Niasar, & Asli, 2019).
Diversification
Vertical Integration
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can consider vertical integration. This will allow Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to develop and launch new products that are similar to its existing product category (Khajezadeh, Niasar, & Asli, 2019).
Horizontal Integration
Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can diversify its business operation using horizontal integration. This means that the new products and services of Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B will not be related to its current products (Dhir & Dhir, 2015).
A new business diversification
Entering into a completely new business can be considered by Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B. The organization can work towards starting a new business that can give a company more growth prospects in the future (Dhir & Dhir, 2015). Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can conglomerate with the help of mergers and acquisitions.
Conclusion
To conclude, it could be said that Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can resolve its current managerial and strategic problems by focusing on its existing products. The company can adopt more attractive marketing strategies that can help Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B to boost its revenue and profitability. It is recommended to focus on maintaining strong supplier relationships. Moreover, it is also advised to focus on more innovative products so Who Killed Bhavani Manjula --A Story of Microfinance in Andhra Pradesh B can remain competitive in the market.
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