With the deep analysis of the above options, it is suggested that the business must choose the alternative 3 in order to keep a competitive position in the long run. As the alternative 3 would enable the company to not just present brand-new and ingenious items in the market it would likewise decrease the high expenditures on R&D under alternative 2 and increase the profit margins. It would enable the business to increase its share prices too, as investors are willing to invest more in business with considerable R&D spending and boost in the total worth of the business.
Action and implementation Strategy
Method can be carried out efficiently by developing particular short-term along with long term strategies. These strategies might be as follows;
Short Term Plan (0-1 year)
• Under the short-term plan Jpmorgan Chase And The Cio Losses should perform various activities to execute its NHW technique effectively. These activities are as follows;.
• Get the audit of its brand portfolio done, to examine the core selling brand names, which create the majority of its earnings.
• Evaluate the current target market in addition to the marketplace section which is not consist of in the business's circle.
• Analyze the existing financial information to measure the amount that needs to be spent on the R&D and acquisitions.
• Examine the possible investors and their nature, i.e. do they desire long term benefits (capital gain), or the want early profits (dividend). It would let the business to know that how much amount needs to be invested in R&D.
Mid Term Plan (1-5 years)
• Obtain those organizations in which the business has possible experience to deal with. Acquire most favorable companies with a strong commitment to health, to construct the customer's perceptions in the right direction.
• Focus more on acquisitions than R&D to construct the base in the customer's mind about Jpmorgan Chase And The Cio Losses worths and vision and to prevent potential threat of sunk expense.
Long Term Plan (1-10 years)
• Acquire companies with health in addition to taste factor, as the base for the Jpmorgan Chase And The Cio Losses as a company producing healthy items has been constructed under midterm strategy and now the company could move towards taste factor also to understand the consumers, which focus more on taste instead of health.
• Be more aggressive towards R&D than the acquisitions, as it is the significant time to construct brand-new items.
