With the deep analysis of the above options, it is advised that the company should choose the alternative 3 in order to preserve a competitive position in the long run. As the alternative 3 would allow the business to not only introduce brand-new and innovative products in the market it would also minimize the high expenditures on R&D under alternative 2 and increase the earnings margins. It would allow the company to increase its share rates also, as investors want to invest more in business with significant R&D spending and boost in the total worth of the business.
Action and implementation Strategy
Method can be implemented efficiently by developing specific short-term in addition to long term plans. These plans might be as follows;
Short Term Plan (0-1 year)
• Under the short term strategy Liberal Government Of Ontarios Eco Tax Fiasco need to carry out different activities to execute its NHW method effectively. These activities are as follows;.
• Get the audit of its brand portfolio done, to examine the core selling brand names, which create the majority of its income.
• Analyze the existing target market as well as the market segment which is not consist of in the company's circle.
• Examine the present financial information to measure the quantity that needs to be invested in the R&D and acquisitions.
• Evaluate the potential financiers and their nature, i.e. do they want long term benefits (capital gain), or the want early earnings (dividend). It would let the company to know that just how much quantity should be invested in R&D.
Mid Term Plan (1-5 years)
• Obtain those organizations in which the company has potential experience to handle. Obtain most favorable companies with a strong dedication to health, to build the customer's perceptions in the ideal instructions.
• Focus more on acquisitions than R&D to build the base in the consumer's mind about Liberal Government Of Ontarios Eco Tax Fiasco values and vision and to avoid possible threat of sunk cost.
Long Term Plan (1-10 years)
• Acquire companies with health in addition to taste factor, as the base for the Liberal Government Of Ontarios Eco Tax Fiasco as a business producing healthy items has been developed under midterm plan and now the company could move towards taste factor as well to understand 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 construct new items.
