With the deep analysis of the above options, it is advised that the company needs to pick the alternative 3 in order to maintain a competitive position in the long run. As the alternative 3 would make it possible for the business to not just introduce new and ingenious products in the market it would likewise decrease the high expenses on R&D under alternative 2 and increase the earnings margins. It would enable the company to increase its share rates also, as financiers want to invest more in business with significant R&D costs and boost in the overall worth of the company.
Action and implementation Strategy
Strategy can be carried out effectively by developing particular short term along with long term plans. These strategies could be as follows;
Short Term Plan (0-1 year)
• Under the short-term strategy Information Systems Acquisition Decisions Learning Management System Of Solbridge must carry out different activities to implement its NHW strategy effectively. These activities are as follows;.
• Get the audit of its brand portfolio done, to take a look at the core selling brands, which generate the majority of its profits.
• Evaluate the existing target audience as well as the market section which is not include in the business's circle.
• Analyze the present financial data to determine the quantity that needs to be spent on the R&D and acquisitions.
• Analyze the possible investors and their nature, i.e. do they want long term benefits (capital gain), or the desire early earnings (dividend). It would let the company to know that how much quantity should be spent on R&D.
Mid Term Plan (1-5 years)
• Get those organizations in which the business has prospective experience to deal with. Get most favorable companies with a strong commitment to health, to develop the client's perceptions in the right instructions.
• Focus more on acquisitions than R&D to develop the base in the consumer's mind about Information Systems Acquisition Decisions Learning Management System Of Solbridge values and vision and to avoid prospective risk of sunk cost.
Long Term Plan (1-10 years)
• Acquire companies with health in addition to taste aspect, as the base for the Information Systems Acquisition Decisions Learning Management System Of Solbridge as a business producing healthy items has been built under midterm strategy and now the business might move towards taste element also to understand the consumers, which focus more on taste instead of health.
• Be more aggressive towards R&D than the acquisitions, as it is the substantial time to build new items.
