With the deep analysis of the above alternatives, it is suggested that the company must pick the alternative 3 in order to preserve a competitive position in the long run. As the alternative 3 would allow the company to not just present new and ingenious products in the market it would also reduce the high expenditures on R&D under alternative 2 and increase the revenue margins. It would allow the company to increase its share rates also, as financiers are willing to invest more in companies with significant R&D costs and increase in the overall worth of the business.
Action and implementation Strategy
Technique can be carried out successfully by establishing particular short-term as well as long term plans. These plans could be as follows;
Short Term Plan (0-1 year)
• Under the short term plan Modeling Discrete Choice Categorical Dependent Variables Logistic Regression And Maximum Likelihood Estimation must perform various activities to execute its NHW method efficiently. These activities are as follows;.
• Get the audit of its brand portfolio done, to take a look at the core selling brands, which produce most of its profits.
• Evaluate the current target market as well as the market segment which is not include in the business's circle.
• Evaluate the present financial information to measure the amount that must be invested in the R&D and acquisitions.
• Evaluate the possible investors and their nature, i.e. do they want long term benefits (capital gain), or the desire early earnings (dividend). It would let the business to know that just how much quantity 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 favorable organizations with a strong commitment to health, to construct the client's perceptions in the ideal instructions.
• Focus more on acquisitions than R&D to build the base in the customer's mind about Modeling Discrete Choice Categorical Dependent Variables Logistic Regression And Maximum Likelihood Estimation worths and vision and to avoid potential danger of sunk cost.
Long Term Plan (1-10 years)
• Get companies with health in addition to taste factor, as the base for the Modeling Discrete Choice Categorical Dependent Variables Logistic Regression And Maximum Likelihood Estimation as a business producing healthy items has been developed under midterm strategy and now the company could move towards taste aspect too to comprehend the customers, which focus more on taste instead of health.
• Be more aggressive towards R&D than the acquisitions, as it is the considerable time to construct new items.
