With the deep analysis of the above options, it is recommended 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 enable the company to not just introduce new and innovative items in the market it would also decrease the high expenditures on R&D under alternative 2 and increase the earnings margins. It would make it possible for the business to increase its share costs too, as financiers are willing to invest more in companies with substantial R&D spending and increase in the overall worth of the company.
Action and implementation Strategy
Technique can be carried out efficiently by developing particular short-term as well as 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 B should carry out various activities to implement its NHW strategy efficiently. These activities are as follows;.
• Get the audit of its brand portfolio done, to take a look at the core selling brand names, which create the majority of its profits.
• Analyze the present target market along with the marketplace segment which is not include in the company's circle.
• Analyze the existing financial data to measure the quantity that must be spent on the R&D and acquisitions.
• Evaluate the potential financiers and their nature, i.e. do they want long term advantages (capital gain), or the want early earnings (dividend). It would let the company to know that just how much quantity must be invested in R&D.
Mid Term Plan (1-5 years)
• Acquire those companies in which the business has potential experience to handle. Obtain most favorable companies with a strong commitment to health, to develop the customer's understandings in the ideal instructions.
• Focus more on acquisitions than R&D to build the base in the customer's mind about Ocean And Oil Holdings And The Leveraged Buyout Of Agip Nigeria B worths and vision and to avoid prospective danger of sunk expense.
Long Term Plan (1-10 years)
• Acquire organizations with health along with taste aspect, as the base for the Ocean And Oil Holdings And The Leveraged Buyout Of Agip Nigeria B as a business producing healthy items has actually been built under midterm plan and now the business could move towards taste aspect 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 substantial time to build brand-new products.
