VRIO Analysis of Exchange Traded Concepts Trust ROBO Global Robotics and Automa

Posted by Zachary Edwards on Mar-22-2018

The VRIO Analysis of Exchange Traded Concepts Trust ROBO Global Robotics and Automa will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Exchange Traded Concepts Trust ROBO Global Robotics and Automa VRIO Analysis also mentions at each stage whether these resources could be improved to provide a greater competitive advantage. Lastly, the resources analysed are summarised as to whether they offer sustained competitive advantage, has an unused competitive advantage, temporary competitive advantage, competitive parity or competitive disadvantage.

Valuable

• The Exchange Traded Concepts Trust ROBO Global Robotics and Automa VRIO Analysis shows that the financial resources of Exchange Traded Concepts Trust ROBO Global Robotics and Automa are highly valuable as these help in investing into external opportunities that arise. These also help Exchange Traded Concepts Trust ROBO Global Robotics and Automa in combating external threats.
• According to the VRIO Analysis of Exchange Traded Concepts Trust ROBO Global Robotics and Automa, its local food products are a valuable resource as these are highly differentiated. This makes the perceived value for these by customers high. These are also valued more than the competition by customers due to the differentiation in these products.
• The Exchange Traded Concepts Trust ROBO Global Robotics and Automa VRIO Analysis shows that Exchange Traded Concepts Trust ROBO Global Robotics and Automa's employees are a valuable resource to the firm. A significant portion of the workforce is highly trained, and this leads to more productive output for the organisation. The employees are also loyal, and retention levels for the organisation are high. All of this translates into greater value for the end consumers of Exchange Traded Concepts Trust ROBO Global Robotics and Automa's products.
• According to the VRIO Analysis of Exchange Traded Concepts Trust ROBO Global Robotics and Automa, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Exchange Traded Concepts Trust ROBO Global Robotics and Automa. These patents also provide Exchange Traded Concepts Trust ROBO Global Robotics and Automa with licensing revenue when it licenses these patents out to other manufacturers.
• The Exchange Traded Concepts Trust ROBO Global Robotics and Automa VRIO Analysis shows that Exchange Traded Concepts Trust ROBO Global Robotics and Automa’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Exchange Traded Concepts Trust ROBO Global Robotics and Automa. It also ensures that promotion activities translate into sales as the products are easily available.
• According to the VRIO Analysis of Exchange Traded Concepts Trust ROBO Global Robotics and Automa, its cost structure is not a valuable resource. This is because the methods of production lead to greater costs than that of competition, which affects the overall profits of the firm. Therefore, its cost structure is a competitive disadvantage that needs to be worked on.
• The Exchange Traded Concepts Trust ROBO Global Robotics and Automa VRIO Analysis shows that the research and development at Exchange Traded Concepts Trust ROBO Global Robotics and Automa is not a valuable resource. This is because research and development are costing more than the benefits it provides in the form of innovation. There have been very few innovative features and breakthrough products in the past few years. Therefore, research and development are a competitive disadvantage for Exchange Traded Concepts Trust ROBO Global Robotics and Automa. It is recommended that the research and development teams are improved, and costs are cut for these.

Rare

• The financial resources of Exchange Traded Concepts Trust ROBO Global Robotics and Automa are found to be rare according to the VRIO Analysis of Exchange Traded Concepts Trust ROBO Global Robotics and Automa. Strong financial resources are only possessed by a few companies in the industry.
• The local food products are found to be not rare as identified by Exchange Traded Concepts Trust ROBO Global Robotics and Automa VRIO Analysis. These are easily provided in the market by other competitors. This means that competitors can use these resources in the same way as Exchange Traded Concepts Trust ROBO Global Robotics and Automa and inhibit competitive advantage. This means that the local food products result in competitive parity for Exchange Traded Concepts Trust ROBO Global Robotics and Automa. As this resource is valuable, Exchange Traded Concepts Trust ROBO Global Robotics and Automa can still make use of this resource.
• The employees of Exchange Traded Concepts Trust ROBO Global Robotics and Automa are a rare resource as identified by the VRIO Analysis of Exchange Traded Concepts Trust ROBO Global Robotics and Automa. These employees are highly trained and skilled, which is not the case with employees in other firms. The better compensation and work environment ensure that these employees do not leave for other firms.
• The patents of Exchange Traded Concepts Trust ROBO Global Robotics and Automa are a rare resource as identified by the Exchange Traded Concepts Trust ROBO Global Robotics and Automa VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Exchange Traded Concepts Trust ROBO Global Robotics and Automa to use them without interference from the competition.
• The distribution network of Exchange Traded Concepts Trust ROBO Global Robotics and Automa is a rare resource as identified by the VRIO Analysis of Exchange Traded Concepts Trust ROBO Global Robotics and Automa. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Exchange Traded Concepts Trust ROBO Global Robotics and Automa. These are also possessed by very few firms in the industry.

Imitable

• The financial resources of Exchange Traded Concepts Trust ROBO Global Robotics and Automa are costly to imitate as identified by the Exchange Traded Concepts Trust ROBO Global Robotics and Automa VRIO Analysis. These resources have been acquired by the company through prolonged profits over the years. New entrants and competitors would require similar profits for a long period of time to accumulate these amounts of financial resources.
• The local food products are not that costly to imitate as identified by the VRIO Analysis of Exchange Traded Concepts Trust ROBO Global Robotics and Automa. These can be acquired by competitors as well if they invest a significant amount in research and development. These also do not require years long experience. Therefore, the local food products by Exchange Traded Concepts Trust ROBO Global Robotics and Automa provide it with a temporary competitive advantage that competitors can too acquire in the long run.
• The employees of Exchange Traded Concepts Trust ROBO Global Robotics and Automa are also not costly to imitate as identified by the Exchange Traded Concepts Trust ROBO Global Robotics and Automa VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Exchange Traded Concepts Trust ROBO Global Robotics and Automa by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Exchange Traded Concepts Trust ROBO Global Robotics and Automa a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
• The patents of Exchange Traded Concepts Trust ROBO Global Robotics and Automa are very difficult to imitate as identified by the VRIO Analysis of Exchange Traded Concepts Trust ROBO Global Robotics and Automa. This is because it is not legally allowed to imitate a patented product. Similar resources to be developed and getting a patent for them is also a costly process.
• The distribution network of Exchange Traded Concepts Trust ROBO Global Robotics and Automa is also very costly to imitate by competition as identified by the Exchange Traded Concepts Trust ROBO Global Robotics and Automa VRIO Analysis. This has been developed over the years gradually by Exchange Traded Concepts Trust ROBO Global Robotics and Automa. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.

Organisation

• The financial resources of Exchange Traded Concepts Trust ROBO Global Robotics and Automa are organised to capture value as identified by the VRIO Analysis of Exchange Traded Concepts Trust ROBO Global Robotics and Automa. These resources are used strategically to invest in the right places; making use of opportunities and combatting threats. Therefore, these resources prove to be a source of sustained competitive advantage for Exchange Traded Concepts Trust ROBO Global Robotics and Automa.
• The Patents of Exchange Traded Concepts Trust ROBO Global Robotics and Automa are not well organised as identified by the Exchange Traded Concepts Trust ROBO Global Robotics and Automa VRIO Analysis. This means that the organisation is not using these patents to their full potential. An unused competitive advantage exists that can be changed into a sustainable competitive advantage if Exchange Traded Concepts Trust ROBO Global Robotics and Automa starts selling patented products before the patents expire.
• The distribution network of Exchange Traded Concepts Trust ROBO Global Robotics and Automa is organised as identified by the VRIO Analysis of Exchange Traded Concepts Trust ROBO Global Robotics and Automa. Exchange Traded Concepts Trust ROBO Global Robotics and Automa uses this network to reach out to its customers by ensuring that products are available on all of its outlets. Therefore, these resources prove to be a source of sustained competitive advantage for Exchange Traded Concepts Trust ROBO Global Robotics and Automa.

From the VRIO Analysis of Exchange Traded Concepts Trust ROBO Global Robotics and Automa, it was identified that the financial resources and distribution network provide a sustained competitive advantage. The patents are a source of unused competitive advantage. There exists a temporary competitive advantage for employees. There exists a competitive parity for local food products. Lastly, the cost structure of Exchange Traded Concepts Trust ROBO Global Robotics and Automa is a competitive disadvantage. Research and Development is also a competitive disadvantage.