With the deep analysis of the above options, it is suggested that the company ought to choose the alternative 3 in order to keep a competitive position in the long run. As the alternative 3 would allow the company to not only present new and ingenious products in the market it would also reduce the high expenses on R&D under alternative 2 and increase the profit margins. It would allow the business to increase its share rates as well, as investors are willing to invest more in business with considerable R&D costs and increase in the total worth of the business.
Action and implementation Strategy
Technique can be implemented successfully by developing certain short-term as well as long term strategies. These plans could be as follows;
Short Term Plan (0-1 year)
• Under the short-term strategy Broadmoor Lives A New Orleans Neighborhoods Battle To Recover From Hurricane Katrina A must perform various activities to execute its NHW method effectively. These activities are as follows;.
• Get the audit of its brand name portfolio done, to take a look at the core selling brands, which create most of its profits.
• Analyze the current target audience along with the market segment which is not consist of in the company's circle.
• Examine the existing financial information to measure the quantity that needs to be spent on the R&D and acquisitions.
• Examine the potential investors and their nature, i.e. do they want long term advantages (capital gain), or the want early revenues (dividend). It would let the company to know that just how much quantity should be spent on R&D.
Mid Term Plan (1-5 years)
• Acquire those companies in which the company has potential experience to handle. Get most favorable companies with a strong commitment to health, to develop the client's understandings in the right direction.
• Focus more on acquisitions than R&D to construct the base in the customer's mind about Broadmoor Lives A New Orleans Neighborhoods Battle To Recover From Hurricane Katrina A values and vision and to avoid possible threat of sunk expense.
Long Term Plan (1-10 years)
• Get companies with health in addition to taste aspect, as the base for the Broadmoor Lives A New Orleans Neighborhoods Battle To Recover From Hurricane Katrina A as a company producing healthy items has been developed under midterm plan and now the company could move towards taste factor also to grasp the consumers, which focus more on taste instead of health.
• Be more aggressive towards R&D than the acquisitions, as it is the significant time to develop new products.
