With the deep analysis of the above alternatives, it is suggested that the business must choose the alternative 3 in order to maintain a competitive position in the long run. As the alternative 3 would make it possible for the company to not just introduce brand-new and ingenious products in the market it would also minimize the high expenditures on R&D under alternative 2 and increase the profit margins. It would make it possible for the business to increase its share prices too, as investors are willing to invest more in companies with significant R&D costs and boost in the overall worth of the company.
Action and implementation Strategy
Strategy can be carried out efficiently by establishing certain short-term in addition to long term strategies. These strategies could be as follows;
Short Term Plan (0-1 year)
• Under the short term plan Windhoek Nature Reserve Financing A Sustainable Conservation Model In Namibia must perform numerous activities to execute its NHW method effectively. These activities are as follows;.
• Get the audit of its brand name portfolio done, to examine the core selling brands, which create most of its earnings.
• Evaluate the existing target market along with the market section which is not include in the business's circle.
• Analyze the existing financial data to measure the quantity that ought to be invested in the R&D and acquisitions.
• Analyze the prospective financiers and their nature, i.e. do they desire long term benefits (capital gain), or the desire early revenues (dividend). It would let the business to understand that how much amount must be invested in R&D.
Mid Term Plan (1-5 years)
• Get those organizations in which the company has potential experience to deal with. Acquire 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 consumer's mind about Windhoek Nature Reserve Financing A Sustainable Conservation Model In Namibia worths and vision and to prevent prospective risk of sunk expense.
Long Term Plan (1-10 years)
• Get organizations with health along with taste element, as the base for the Windhoek Nature Reserve Financing A Sustainable Conservation Model In Namibia as a company producing healthy products has been constructed under midterm plan and now the company might move towards taste aspect also to comprehend the consumers, which focus more on taste instead of health.
• Be more aggressive towards R&D than the acquisitions, as it is the considerable time to build new items.
