With the deep analysis of the above options, it is advised that the business must select 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 just introduce new and ingenious items in the market it would also lower the high expenditures on R&D under alternative 2 and increase the revenue margins. It would make it possible for the company to increase its share rates as well, as investors are willing to invest more in companies with substantial R&D costs and increase in the total worth of the business.
Action and implementation Strategy
Method can be executed successfully by developing certain short term along with long term plans. These strategies might be as follows;
Short Term Plan (0-1 year)
• Under the short term strategy Ocean And Oil Holdings And The Leveraged Buyout Of Agip Nigeria A need to carry out different activities to implement its NHW strategy efficiently. These activities are as follows;.
• Get the audit of its brand name portfolio done, to take a look at the core selling brand names, which generate most of its profits.
• Analyze the present target audience as well as the market segment which is not consist of in the business's circle.
• Examine the present financial data to determine the quantity that ought to be invested in the R&D and acquisitions.
• Evaluate the possible investors and their nature, i.e. do they want long term advantages (capital gain), or the desire early earnings (dividend). It would let the business to understand that just how much amount should be spent on R&D.
Mid Term Plan (1-5 years)
• Obtain those companies in which the company has potential experience to deal with. Obtain most beneficial organizations with a strong commitment to health, to develop the client's perceptions in the ideal direction.
• Focus more on acquisitions than R&D to build the base in the consumer's mind about Ocean And Oil Holdings And The Leveraged Buyout Of Agip Nigeria A worths and vision and to prevent prospective risk of sunk expense.
Long Term Plan (1-10 years)
• Obtain companies with health in addition to taste element, as the base for the Ocean And Oil Holdings And The Leveraged Buyout Of Agip Nigeria A as a business producing healthy products has actually been constructed under midterm strategy and now the company might move towards taste element as well to understand the customers, which focus more on taste rather than health.
• Be more aggressive towards R&D than the acquisitions, as it is the considerable time to develop new products.
