With the deep analysis of the above options, it is suggested that the business must select the alternative 3 in order to keep a competitive position in the long run. As the alternative 3 would make it possible for the business to not only introduce new and innovative 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 business to increase its share costs also, as financiers want to invest more in business with substantial R&D costs and increase in the total worth of the company.
Action and implementation Strategy
Method can be implemented efficiently by establishing specific short term along with long term strategies. These strategies could be as follows;
Short Term Plan (0-1 year)
• Under the short term strategy A Cross Cultural Crash And Labor Conflict Sã I Nã³Ng Restaurant A need to carry out numerous activities to execute its NHW strategy efficiently. These activities are as follows;.
• Get the audit of its brand name portfolio done, to analyze the core selling brands, which create most of its revenue.
• Analyze the present target audience along with the market segment which is not consist of in the company's circle.
• Evaluate the existing financial information to determine the quantity that must be invested in the R&D and acquisitions.
• Evaluate the possible financiers and their nature, i.e. do they want long term benefits (capital gain), or the desire early profits (dividend). It would let the business to understand that just how much amount must be invested in R&D.
Mid Term Plan (1-5 years)
• Acquire those companies in which the business has possible experience to deal with. Get most beneficial organizations with a strong dedication to health, to construct the customer's understandings in the right direction.
• Focus more on acquisitions than R&D to build the base in the customer's mind about A Cross Cultural Crash And Labor Conflict Sã I Nã³Ng Restaurant A 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 element, as the base for the A Cross Cultural Crash And Labor Conflict Sã I Nã³Ng Restaurant A as a business producing healthy items has actually been constructed under midterm strategy and now the business might move towards taste element as well to grasp the consumers, 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.
