With the deep analysis of the above options, it is advised that the business must choose the alternative 3 in order to preserve a competitive position in the long run. As the alternative 3 would enable the company to not only present new and innovative products in the market it would also reduce the high expenses on R&D under alternative 2 and increase the revenue margins. It would make it possible for the company to increase its share rates too, as financiers 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 executed effectively by establishing certain short term along with long term strategies. These plans might be as follows;
Short Term Plan (0-1 year)
• Under the short term strategy Why I Use The Case Method To Teach Accounting must carry out various activities to implement its NHW method 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 generate the majority of its profits.
• Analyze the current target market in addition to the marketplace sector which is not consist of in the company's circle.
• Examine the existing financial data to determine the amount that needs to be spent on the R&D and acquisitions.
• Analyze the potential investors and their nature, i.e. do they want long term benefits (capital gain), or the want early revenues (dividend). It would let the business to know that just how much quantity must be invested in R&D.
Mid Term Plan (1-5 years)
• Get those organizations in which the business has prospective experience to handle. Acquire most favorable companies with a strong commitment to health, to build the client's understandings in the ideal instructions.
• Focus more on acquisitions than R&D to develop the base in the customer's mind about Why I Use The Case Method To Teach Accounting worths and vision and to avoid possible risk of sunk expense.
Long Term Plan (1-10 years)
• Get companies with health as well as taste aspect, as the base for the Why I Use The Case Method To Teach Accounting as a business producing healthy products has been developed under midterm plan and now the business might move towards taste element too to comprehend the customers, which focus more on taste instead of health.
• Be more aggressive towards R&D than the acquisitions, as it is the considerable time to construct new products.
