With the deep analysis of the above alternatives, it is suggested that the business ought to pick the alternative 3 in order to maintain a competitive position in the long run. As the alternative 3 would allow the company to not only present brand-new and innovative items in the market it would likewise minimize the high expenditures on R&D under alternative 2 and increase the profit margins. It would make it possible for the business to increase its share costs also, as investors want to invest more in companies with considerable R&D spending and boost in the overall worth of the company.
Action and implementation Strategy
Technique can be carried out effectively by developing specific short term in addition to long term strategies. These strategies might be as follows;
Short Term Plan (0-1 year)
• Under the short term strategy Conagra Foods Inc Stockholders Equity need to perform various activities to execute its NHW method efficiently. These activities are as follows;.
• Get the audit of its brand portfolio done, to examine the core selling brand names, which produce most of its revenue.
• Examine the present target market in addition to the market segment which is not consist of in the business's circle.
• Examine the current financial information to determine the quantity that ought to be invested in the R&D and acquisitions.
• Examine the prospective financiers and their nature, i.e. do they want long term advantages (capital gain), or the want early profits (dividend). It would let the business to understand that how much amount needs to be spent on R&D.
Mid Term Plan (1-5 years)
• Obtain those companies in which the company has prospective experience to deal with. Obtain most favorable organizations with a strong dedication to health, to develop the consumer's understandings in the best direction.
• Focus more on acquisitions than R&D to construct the base in the consumer's mind about Conagra Foods Inc Stockholders Equity values and vision and to prevent potential danger of sunk expense.
Long Term Plan (1-10 years)
• Get companies with health in addition to taste element, as the base for the Conagra Foods Inc Stockholders Equity as a company producing healthy products has been constructed under midterm plan and now the company might move towards taste factor too to comprehend the customers, which focus more on taste instead of health.
• Be more aggressive towards R&D than the acquisitions, as it is the substantial time to construct new products.
