With the deep analysis of the above options, it is advised that the business should select 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 present brand-new and innovative products in the market it would also decrease the high expenses on R&D under alternative 2 and increase the revenue margins. It would make it possible for the business to increase its share costs also, as financiers want to invest more in business with considerable R&D costs and increase in the total worth of the company.
Action and implementation Strategy
Method can be implemented successfully by developing specific short-term along with long term plans. These plans might be as follows;
Short Term Plan (0-1 year)
• Under the short term strategy Measured Approach Tegv Assesses Its Performance Impact On Educational Enrichment Programs ought to carry out different activities to execute its NHW strategy efficiently. These activities are as follows;.
• Get the audit of its brand name portfolio done, to take a look at the core selling brands, which generate most of its income.
• Examine the existing target audience as well as the market segment which is not consist of in the company's circle.
• Examine the current financial data to determine the quantity that must be invested in the R&D and acquisitions.
• Evaluate the possible financiers and their nature, i.e. do they want long term benefits (capital gain), or the want early earnings (dividend). It would let the business to understand that just how much amount must be spent on R&D.
Mid Term Plan (1-5 years)
• Get those companies in which the business has prospective experience to deal with. Obtain most beneficial companies with a strong commitment to health, to develop the consumer's perceptions in the ideal instructions.
• Focus more on acquisitions than R&D to build the base in the consumer's mind about Measured Approach Tegv Assesses Its Performance Impact On Educational Enrichment Programs worths and vision and to avoid potential threat of sunk cost.
Long Term Plan (1-10 years)
• Acquire companies with health as well as taste element, as the base for the Measured Approach Tegv Assesses Its Performance Impact On Educational Enrichment Programs as a business producing healthy products has been built under midterm plan and now the business might move towards taste aspect as well to grasp the consumers, which focus more on taste rather than health.
• Be more aggressive towards R&D than the acquisitions, as it is the considerable time to build brand-new products.
