With the deep analysis of the above options, it is advised that the business must choose the alternative 3 in order to maintain a competitive position in the long run. As the alternative 3 would allow the company to not just introduce new and ingenious items in the market it would likewise reduce the high expenses on R&D under alternative 2 and increase the revenue margins. It would make it possible for the business to increase its share costs as well, as financiers are willing to invest more in companies with considerable R&D spending and boost in the overall worth of the business.
Action and implementation Strategy
Strategy can be executed effectively by establishing specific short-term as well as long term plans. These strategies might be as follows;
Short Term Plan (0-1 year)
• Under the short-term plan Mexico City Water Shortage ought to perform numerous activities to implement its NHW method effectively. These activities are as follows;.
• Get the audit of its brand portfolio done, to take a look at the core selling brands, which produce the majority of its earnings.
• Examine the current target market in addition to the marketplace sector which is not consist of in the company's circle.
• Analyze the present financial data to measure the amount that ought to be spent on the R&D and acquisitions.
• Analyze the prospective investors and their nature, i.e. do they desire long term benefits (capital gain), or the want early revenues (dividend). It would let the company to understand that how much quantity should be spent on R&D.
Mid Term Plan (1-5 years)
• Get those companies in which the company has potential experience to handle. Obtain most favorable organizations with a strong dedication to health, to construct the client's understandings in the best direction.
• Focus more on acquisitions than R&D to construct the base in the customer's mind about Mexico City Water Shortage worths and vision and to avoid possible danger of sunk expense.
Long Term Plan (1-10 years)
• Get organizations with health as well as taste factor, as the base for the Mexico City Water Shortage as a company producing healthy products has been built under midterm plan and now the company might move towards taste element too 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 develop new items.
