VRIO Analysis of Mgm Wireless Limited
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Mgm Wireless Limited will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Mgm Wireless Limited 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 Mgm Wireless Limited VRIO Analysis shows that the financial resources of Mgm Wireless Limited are highly valuable as these help in investing into external opportunities that arise. These also help Mgm Wireless Limited in combating external threats.
- According to the VRIO Analysis of Mgm Wireless Limited, 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 Mgm Wireless Limited VRIO Analysis shows that Mgm Wireless Limited'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 Mgm Wireless Limited's products.
- According to the VRIO Analysis of Mgm Wireless Limited, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Mgm Wireless Limited. These patents also provide Mgm Wireless Limited with licensing revenue when it licenses these patents out to other manufacturers.
- The Mgm Wireless Limited VRIO Analysis shows that Mgm Wireless Limited’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Mgm Wireless Limited. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Mgm Wireless Limited, 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 Mgm Wireless Limited VRIO Analysis shows that the research and development at Mgm Wireless Limited 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 Mgm Wireless Limited. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Mgm Wireless Limited are found to be rare according to the VRIO Analysis of Mgm Wireless Limited. 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 Mgm Wireless Limited 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 Mgm Wireless Limited and inhibit competitive advantage. This means that the local food products result in competitive parity for Mgm Wireless Limited. As this resource is valuable, Mgm Wireless Limited can still make use of this resource.
- The employees of Mgm Wireless Limited are a rare resource as identified by the VRIO Analysis of Mgm Wireless Limited. 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 Mgm Wireless Limited are a rare resource as identified by the Mgm Wireless Limited VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Mgm Wireless Limited to use them without interference from the competition.
- The distribution network of Mgm Wireless Limited is a rare resource as identified by the VRIO Analysis of Mgm Wireless Limited. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Mgm Wireless Limited. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Mgm Wireless Limited are costly to imitate as identified by the Mgm Wireless Limited 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 Mgm Wireless Limited. 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 Mgm Wireless Limited provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Mgm Wireless Limited are also not costly to imitate as identified by the Mgm Wireless Limited VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Mgm Wireless Limited by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Mgm Wireless Limited a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Mgm Wireless Limited are very difficult to imitate as identified by the VRIO Analysis of Mgm Wireless Limited. 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 Mgm Wireless Limited is also very costly to imitate by competition as identified by the Mgm Wireless Limited VRIO Analysis. This has been developed over the years gradually by Mgm Wireless Limited. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Mgm Wireless Limited are organised to capture value as identified by the VRIO Analysis of Mgm Wireless Limited. 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 Mgm Wireless Limited.
- The Patents of Mgm Wireless Limited are not well organised as identified by the Mgm Wireless Limited 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 Mgm Wireless Limited starts selling patented products before the patents expire.
- The distribution network of Mgm Wireless Limited is organised as identified by the VRIO Analysis of Mgm Wireless Limited. Mgm Wireless Limited 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 Mgm Wireless Limited.
From the VRIO Analysis of Mgm Wireless Limited, 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 Mgm Wireless Limited is a competitive disadvantage. Research and Development is also a competitive disadvantage.
Warning! This article is only an example and cannot be used for research or reference purposes. If you need help with something similar, please submit your details here.
Gertha Jacob
5.0
I don't have to worry a bit now because I have this service to let myself free from the assignments. Plenty of thanks!
Hua Cheng
5.0
My English was poor and I appointed this service. These guys were very careful with the assignment and I'm glad about the affordable prices and will hire this service again.
Chiara Stefano
5.0
It was my first time to order an essay at the platform of this paper writing help. Everything was spot-on and I would like to recommend this custom paper writing help due to its professional behaviour. Thnx!
Agi Tomi
5.0
I checked samples on this website and read some Blogs that were correctly written. I hired it and the paper was around the clock. I'm thankful!
Next Articles
- Migme Limited Vrio Analysis
- Mint Payments Limited Vrio Analysis
- Mitula Group Limited Vrio Analysis
- Mobile Embrace Limited Vrio Analysis
- Moko Social Media Limited Vrio Analysis
- Motopia Limited Vrio Analysis
- Msl Solutions Limited Vrio Analysis
- Msm Corporation International Ltd Vrio Analysis
- Myfiziq Limited Vrio Analysis
- Myob Group Limited Vrio Analysis
Previous Articles
- Melbourne It Limited Vrio Analysis
- Megaport Limited Vrio Analysis
- Manalto Limited Vrio Analysis
- Love Group Global Ltd Vrio Analysis
- Livetiles Limited Vrio Analysis
- Livehire Limited Vrio Analysis
- Link Administration Holdings Limited Vrio Analysis
- Latam Autos Limited Vrio Analysis
- Kyckr Limited Vrio Analysis
- Knosys Limited Vrio Analysis
Be a great writer or hire a greater one!
Academic writing has no room for errors and mistakes. If you have BIG dreams to score BIG, think out of the box and hire Case48 with BIG enough reputation.
Our Guarantees
Interesting Fact
Most recent surveys suggest that around 76 % students try professional academic writing services at least once in their lifetime!