VRIO Analysis of Liberty Broadband Corporation
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Liberty Broadband Corporation will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Liberty Broadband Corporation 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 Liberty Broadband Corporation VRIO Analysis shows that the financial resources of Liberty Broadband Corporation are highly valuable as these help in investing into external opportunities that arise. These also help Liberty Broadband Corporation in combating external threats.
- According to the VRIO Analysis of Liberty Broadband Corporation, 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 Liberty Broadband Corporation VRIO Analysis shows that Liberty Broadband Corporation'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 Liberty Broadband Corporation's products.
- According to the VRIO Analysis of Liberty Broadband Corporation, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Liberty Broadband Corporation. These patents also provide Liberty Broadband Corporation with licensing revenue when it licenses these patents out to other manufacturers.
- The Liberty Broadband Corporation VRIO Analysis shows that Liberty Broadband Corporation’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Liberty Broadband Corporation. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Liberty Broadband Corporation, 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 Liberty Broadband Corporation VRIO Analysis shows that the research and development at Liberty Broadband Corporation 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 Liberty Broadband Corporation. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Liberty Broadband Corporation are found to be rare according to the VRIO Analysis of Liberty Broadband Corporation. 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 Liberty Broadband Corporation 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 Liberty Broadband Corporation and inhibit competitive advantage. This means that the local food products result in competitive parity for Liberty Broadband Corporation. As this resource is valuable, Liberty Broadband Corporation can still make use of this resource.
- The employees of Liberty Broadband Corporation are a rare resource as identified by the VRIO Analysis of Liberty Broadband Corporation. 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 Liberty Broadband Corporation are a rare resource as identified by the Liberty Broadband Corporation VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Liberty Broadband Corporation to use them without interference from the competition.
- The distribution network of Liberty Broadband Corporation is a rare resource as identified by the VRIO Analysis of Liberty Broadband Corporation. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Liberty Broadband Corporation. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Liberty Broadband Corporation are costly to imitate as identified by the Liberty Broadband Corporation 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 Liberty Broadband Corporation. 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 Liberty Broadband Corporation provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Liberty Broadband Corporation are also not costly to imitate as identified by the Liberty Broadband Corporation VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Liberty Broadband Corporation by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Liberty Broadband Corporation a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Liberty Broadband Corporation are very difficult to imitate as identified by the VRIO Analysis of Liberty Broadband Corporation. 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 Liberty Broadband Corporation is also very costly to imitate by competition as identified by the Liberty Broadband Corporation VRIO Analysis. This has been developed over the years gradually by Liberty Broadband Corporation. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Liberty Broadband Corporation are organised to capture value as identified by the VRIO Analysis of Liberty Broadband Corporation. 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 Liberty Broadband Corporation.
- The Patents of Liberty Broadband Corporation are not well organised as identified by the Liberty Broadband Corporation 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 Liberty Broadband Corporation starts selling patented products before the patents expire.
- The distribution network of Liberty Broadband Corporation is organised as identified by the VRIO Analysis of Liberty Broadband Corporation. Liberty Broadband Corporation 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 Liberty Broadband Corporation.
From the VRIO Analysis of Liberty Broadband Corporation, 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 Liberty Broadband Corporation 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.
Paula Diego
5.0
I don't like to tell my CGPA to anyone because it's not good but thank God that my son has this service that lends a helping hand to him during exams that build up his grades.
Riley Mason
5.0
The plagiarism score was less than 3% percent. Thank you for providing an explained assignment! Yep! No plagiarism guarantee!
Taige Shane
5.0
Fast and friendly customer service! This service always responded quickly and I cherish the user-friendly system. Thanks a lot!
Ariana Kieran
4.0
I'm looking forward to further cooperation from this company because my project will never get delayed. Highly recommended!
Next Articles
- Liberty Global Plc Vrio Analysis
- Lands' End, Inc. Vrio Analysis
- Lee Enterprises, Incorporated Vrio Analysis
- Littelfuse, Inc. Vrio Analysis
- Lions Gate Entertainment Corp. Vrio Analysis
- LiLAC Group Vrio Analysis
- Lincoln Educational Services Corporation Vrio Analysis
- LiNiu Technology Group Vrio Analysis
- LightInTheBox Holding Co., Ltd. Vrio Analysis
- LSC Communications, Inc. Vrio Analysis
Previous Articles
- L Brands, Inc. Vrio Analysis
- Lawson Products, Inc. Vrio Analysis
- Laureate Education, Inc. Vrio Analysis
- Lithia Motors, Inc. Vrio Analysis
- Multi Color Corporation Vrio Analysis
- Kratos Defense & Security Solutions, Inc. Vrio Analysis
- Kansas City Southern Vrio Analysis
- Kohl's Corporation Vrio Analysis
- The Kroger Co. Vrio Analysis
- Kona Grill, Inc. 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!