With the deep analysis of the above alternatives, it is suggested that the business must select the alternative 3 in order to maintain a competitive position in the long run. As the alternative 3 would enable the business to not just introduce new and ingenious items in the market it would likewise reduce the high expenditures on R&D under alternative 2 and increase the earnings margins. It would enable the company to increase its share rates as well, as investors want to invest more in companies with significant R&D costs and increase in the overall worth of the business.
Action and implementation Strategy
Strategy can be carried out effectively by establishing particular short-term along with long term strategies. These strategies could be as follows;
Short Term Plan (0-1 year)
• Under the short term plan Man For All Seasons Summary Reasoning From Multiple Moralities need to carry out different activities to implement its NHW strategy efficiently. 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 income.
• Examine the present target market in addition to the market section which is not consist of in the company's circle.
• Analyze the existing financial information to determine the quantity that must be invested in the R&D and acquisitions.
• Examine the possible investors 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 understand that how much amount ought to be invested in R&D.
Mid Term Plan (1-5 years)
• Get those companies in which the company has possible experience to handle. Get most beneficial organizations with a strong commitment to health, to construct the customer's understandings in the ideal instructions.
• Focus more on acquisitions than R&D to develop the base in the customer's mind about Man For All Seasons Summary Reasoning From Multiple Moralities worths and vision and to prevent prospective danger of sunk expense.
Long Term Plan (1-10 years)
• Get companies with health in addition to taste factor, as the base for the Man For All Seasons Summary Reasoning From Multiple Moralities as a company producing healthy items has been constructed under midterm plan and now the business might move towards taste factor too to understand the customers, which focus more on taste rather than health.
• Be more aggressive towards R&D than the acquisitions, as it is the substantial time to construct brand-new products.
