With the deep analysis of the above alternatives, it is recommended that the business needs to select the alternative 3 in order to maintain a competitive position in the long run. As the alternative 3 would allow the business to not only introduce new and ingenious items in the market it would also lower the high expenditures on R&D under alternative 2 and increase the profit margins. It would enable the company to increase its share costs also, as financiers are willing to invest more in business with significant R&D spending and boost in the total worth of the business.
Action and implementation Strategy
Technique can be carried out efficiently by establishing particular short-term in addition to long term plans. These strategies could be as follows;
Short Term Plan (0-1 year)
• Under the short-term strategy Everything You Dont Want To Know About Raising Capital must perform different activities to implement its NHW method efficiently. These activities are as follows;.
• Get the audit of its brand name portfolio done, to analyze the core selling brands, which generate most of its revenue.
• Analyze the present target market as well as the marketplace section which is not include in the company's circle.
• Analyze the current financial information to determine the amount that needs to be spent on the R&D and acquisitions.
• Examine the possible financiers and their nature, i.e. do they want long term advantages (capital gain), or the want early earnings (dividend). It would let the business to know that just how much quantity must be invested in R&D.
Mid Term Plan (1-5 years)
• Obtain those companies in which the company has potential experience to handle. Obtain most beneficial companies with a strong dedication to health, to develop the customer's perceptions in the best direction.
• Focus more on acquisitions than R&D to construct the base in the consumer's mind about Everything You Dont Want To Know About Raising Capital worths and vision and to avoid potential threat of sunk cost.
Long Term Plan (1-10 years)
• Get organizations with health in addition to taste element, as the base for the Everything You Dont Want To Know About Raising Capital as a business producing healthy items has been built under midterm plan and now the business 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.
