With the deep analysis of the above options, it is recommended that the business must choose the alternative 3 in order to keep a competitive position in the long run. As the alternative 3 would enable the company to not only introduce new and innovative items in the market it would likewise decrease the high expenses on R&D under alternative 2 and increase the profit margins. It would allow the company to increase its share rates as well, as investors are willing to invest more in companies with substantial R&D spending and increase in the overall worth of the business.
Action and implementation Strategy
Method can be executed efficiently by establishing specific short term as well as long term strategies. These strategies might be as follows;
Short Term Plan (0-1 year)
• Under the short term plan Analyze Big Data Using Sas An Interactive Goal Oriented Approach The Complete Lecture ought to perform numerous activities to execute its NHW technique efficiently. These activities are as follows;.
• Get the audit of its brand portfolio done, to analyze the core selling brands, which create the majority of its profits.
• Evaluate the current target audience along with the marketplace section which is not consist of in the company's circle.
• Analyze the existing financial data to determine the quantity that should be spent on the R&D and acquisitions.
• Evaluate the potential 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 spent on R&D.
Mid Term Plan (1-5 years)
• Acquire those organizations in which the company has potential experience to deal with. Acquire most favorable companies with a strong commitment to health, to develop the consumer's perceptions in the right direction.
• Focus more on acquisitions than R&D to build the base in the consumer's mind about Analyze Big Data Using Sas An Interactive Goal Oriented Approach The Complete Lecture values and vision and to avoid potential threat of sunk cost.
Long Term Plan (1-10 years)
• Get organizations with health in addition to taste aspect, as the base for the Analyze Big Data Using Sas An Interactive Goal Oriented Approach The Complete Lecture as a business producing healthy items has been constructed under midterm plan and now the company could move towards taste factor 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 substantial time to construct brand-new products.
