With the deep analysis of the above options, it is advised that the company ought to select 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 present new and ingenious items in the market it would likewise minimize the high expenditures on R&D under alternative 2 and increase the earnings margins. It would make it possible for the business to increase its share prices as well, as investors are willing to invest more in business with substantial R&D costs and increase in the total worth of the company.
Action and implementation Strategy
Strategy can be implemented successfully by developing certain short term along with long term strategies. These strategies could be as follows;
Short Term Plan (0-1 year)
• Under the short term plan Histograms And The Normal Distribution In Microsoft Excel must carry out different activities to implement its NHW method effectively. These activities are as follows;.
• Get the audit of its brand portfolio done, to analyze the core selling brands, which produce the majority of its profits.
• Analyze the current target market along with the marketplace segment which is not include in the business's circle.
• Examine the present financial information to measure the amount that needs to be spent on the R&D and acquisitions.
• Examine the possible investors and their nature, i.e. do they desire long term advantages (capital gain), or the desire early profits (dividend). It would let the company to know that how much amount needs to be invested in R&D.
Mid Term Plan (1-5 years)
• Acquire those companies in which the company has possible experience to deal with. Obtain most beneficial companies with a strong dedication to health, to construct the customer's perceptions in the right direction.
• Focus more on acquisitions than R&D to construct the base in the consumer's mind about Histograms And The Normal Distribution In Microsoft Excel values and vision and to avoid prospective risk of sunk cost.
Long Term Plan (1-10 years)
• Obtain organizations with health along with taste factor, as the base for the Histograms And The Normal Distribution In Microsoft Excel as a company producing healthy products has been built under midterm plan and now the company could move towards taste aspect also to grasp the consumers, which focus more on taste instead of health.
• Be more aggressive towards R&D than the acquisitions, as it is the substantial time to develop new products.
