With the deep analysis of the above alternatives, it is recommended that the company must 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 business to not only introduce new and innovative items in the market it would likewise reduce the high expenses on R&D under alternative 2 and increase the revenue margins. It would enable the company to increase its share prices too, as financiers want 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 implemented effectively 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 plan Copper And Zinc Markets 1996 need to perform numerous activities to implement its NHW method efficiently. These activities are as follows;.
• Get the audit of its brand portfolio done, to analyze the core selling brand names, which generate the majority of its earnings.
• Examine the present target audience as well as the market segment which is not include in the company's circle.
• Analyze the existing financial information to determine the amount that should be invested in the R&D and acquisitions.
• Examine the prospective investors and their nature, i.e. do they desire long term benefits (capital gain), or the want early earnings (dividend). It would let the business to understand that how much amount should be invested in R&D.
Mid Term Plan (1-5 years)
• Obtain those companies in which the company has possible experience to deal with. Acquire most favorable companies with a strong commitment to health, to build the client's understandings in the right direction.
• Focus more on acquisitions than R&D to build the base in the customer's mind about Copper And Zinc Markets 1996 worths and vision and to prevent possible risk of sunk expense.
Long Term Plan (1-10 years)
• Get companies with health as well as taste factor, as the base for the Copper And Zinc Markets 1996 as a business producing healthy items has been constructed under midterm strategy and now the business might move towards taste aspect as well to understand the consumers, which focus more on taste rather than health.
• Be more aggressive towards R&D than the acquisitions, as it is the substantial time to construct new products.
