With the deep analysis of the above options, it is advised that the business should select the alternative 3 in order to preserve a competitive position in the long run. As the alternative 3 would enable the company to not only introduce brand-new and ingenious products in the market it would likewise lower the high expenditures on R&D under alternative 2 and increase the profit margins. It would enable the company to increase its share rates also, as financiers are willing to invest more in companies with considerable R&D costs and boost in the total worth of the company.
Action and implementation Strategy
Method can be executed efficiently by establishing specific short-term along with long term strategies. These plans might be as follows;
Short Term Plan (0-1 year)
• Under the short term strategy When Imperatives Collide The 2003 San Diego Firestorm must carry out various activities to execute its NHW strategy 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 income.
• Examine the current target audience in addition to the market section which is not include in the company's circle.
• Analyze the present financial information to determine the amount that should be spent on the R&D and acquisitions.
• Examine the potential investors and their nature, i.e. do they desire long term advantages (capital gain), or the want early earnings (dividend). It would let the business to know that how much amount needs to 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 organizations with a strong commitment to health, to develop the consumer's understandings in the best instructions.
• Focus more on acquisitions than R&D to construct the base in the customer's mind about When Imperatives Collide The 2003 San Diego Firestorm worths and vision and to prevent possible danger of sunk expense.
Long Term Plan (1-10 years)
• Get companies with health along with taste aspect, as the base for the When Imperatives Collide The 2003 San Diego Firestorm as a company producing healthy items has been developed under midterm strategy and now the company might move towards taste aspect 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 considerable time to build brand-new products.
