With the deep analysis of the above alternatives, it is advised that the business needs 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 just present new and ingenious items in the market it would likewise reduce the high expenses on R&D under alternative 2 and increase the profit margins. It would enable the company to increase its share prices as well, as investors are willing to invest more in companies with substantial R&D spending and boost in the total worth of the business.
Action and implementation Strategy
Technique can be carried out efficiently by developing particular short term in addition to long term strategies. These strategies could be as follows;
Short Term Plan (0-1 year)
• Under the short-term strategy Kulicke And Soffa Industries Inc In China Transferring Knowledge A ought to carry out various activities to implement 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 produce most of its income.
• Analyze the current target market along with the marketplace section which is not consist of in the company's circle.
• Analyze the present financial data to measure the amount that should be spent on the R&D and acquisitions.
• Analyze the prospective investors and their nature, i.e. do they want long term benefits (capital gain), or the desire early profits (dividend). It would let the company to understand that just how much quantity ought to be invested in R&D.
Mid Term Plan (1-5 years)
• Obtain those companies in which the company has prospective experience to handle. Acquire most favorable organizations with a strong commitment to health, to construct the consumer's understandings in the best instructions.
• Focus more on acquisitions than R&D to build the base in the customer's mind about Kulicke And Soffa Industries Inc In China Transferring Knowledge A worths and vision and to prevent prospective risk of sunk cost.
Long Term Plan (1-10 years)
• Get companies with health as well as taste factor, as the base for the Kulicke And Soffa Industries Inc In China Transferring Knowledge A as a business producing healthy products has been developed under midterm strategy and now the company might move towards taste element too to grasp the customers, which focus more on taste instead of health.
• Be more aggressive towards R&D than the acquisitions, as it is the substantial time to construct brand-new items.
