With the deep analysis of the above alternatives, it is advised that the business should choose the alternative 3 in order to maintain a competitive position in the long run. As the alternative 3 would make it possible for the company to not only present new and innovative products in the market it would also minimize the high expenses on R&D under alternative 2 and increase the profit margins. It would enable the company to increase its share prices as well, as financiers are willing to invest more in companies with substantial R&D costs and boost in the overall worth of the company.
Action and implementation Strategy
Strategy can be executed efficiently by developing particular short-term as well as long term plans. These plans might be as follows;
Short Term Plan (0-1 year)
• Under the short-term plan Using The Circle Chart In The Negotiation Dynamics Debrief ought to carry out various activities to implement its NHW strategy efficiently. These activities are as follows;.
• Get the audit of its brand name portfolio done, to analyze the core selling brand names, which produce most of its profits.
• Examine the existing target market in addition to the marketplace section which is not consist of in the company's circle.
• Examine the present financial data to determine the quantity that should be invested in the R&D and acquisitions.
• Examine the potential investors and their nature, i.e. do they desire long term benefits (capital gain), or the desire early earnings (dividend). It would let the company to know that how much quantity ought to be spent on R&D.
Mid Term Plan (1-5 years)
• Get those companies in which the business has possible experience to deal with. Obtain most beneficial companies with a strong dedication to health, to construct the consumer's understandings in the best instructions.
• Focus more on acquisitions than R&D to build the base in the customer's mind about Using The Circle Chart In The Negotiation Dynamics Debrief values and vision and to avoid potential risk of sunk expense.
Long Term Plan (1-10 years)
• Acquire companies with health as well as taste element, as the base for the Using The Circle Chart In The Negotiation Dynamics Debrief as a company producing healthy products has actually been developed under midterm strategy and now the company might move towards taste aspect too to comprehend the consumers, which focus more on taste rather than health.
• Be more aggressive towards R&D than the acquisitions, as it is the significant time to build new products.
