With the deep analysis of the above options, it is advised that the business must choose the alternative 3 in order to keep a competitive position in the long run. As the alternative 3 would allow the business to not only introduce brand-new and innovative products in the market it would likewise minimize the high expenses on R&D under alternative 2 and increase the earnings margins. It would allow the business to increase its share costs as well, as financiers want to invest more in business with considerable R&D costs and increase in the overall worth of the business.
Action and implementation Strategy
Technique can be executed effectively by establishing certain short term along with long term plans. These strategies could be as follows;
Short Term Plan (0-1 year)
• Under the short term plan The Dilemma Of Public E Procurement In Costa Rica Case On The Duality Of Technological Platforms And Implementation Models ought to perform numerous activities to execute its NHW method effectively. These activities are as follows;.
• Get the audit of its brand portfolio done, to take a look at the core selling brand names, which produce most of its income.
• Evaluate the present target market as well as the marketplace sector which is not include in the business's circle.
• Analyze the present financial data to determine the quantity that ought to be spent on the R&D and acquisitions.
• Examine the possible investors and their nature, i.e. do they want long term benefits (capital gain), or the want early profits (dividend). It would let the company to know that how much quantity needs to be spent on R&D.
Mid Term Plan (1-5 years)
• Get those companies in which the company has possible experience to deal with. Acquire most favorable organizations with a strong dedication to health, to construct the client's understandings in the right direction.
• Focus more on acquisitions than R&D to develop the base in the customer's mind about The Dilemma Of Public E Procurement In Costa Rica Case On The Duality Of Technological Platforms And Implementation Models values and vision and to prevent possible threat of sunk cost.
Long Term Plan (1-10 years)
• Get organizations with health as well as taste factor, as the base for the The Dilemma Of Public E Procurement In Costa Rica Case On The Duality Of Technological Platforms And Implementation Models as a company producing healthy products has been constructed under midterm strategy and now the company could move towards taste aspect as well 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 brand-new items.
