VRIO Analysis of Arian Silver Corporation
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Arian Silver Corporation will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Arian Silver 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 Arian Silver Corporation VRIO Analysis shows that the financial resources of Arian Silver Corporation are highly valuable as these help in investing into external opportunities that arise. These also help Arian Silver Corporation in combating external threats.
- According to the VRIO Analysis of Arian Silver 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 Arian Silver Corporation VRIO Analysis shows that Arian Silver 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 Arian Silver Corporation's products.
- According to the VRIO Analysis of Arian Silver 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 Arian Silver Corporation. These patents also provide Arian Silver Corporation with licensing revenue when it licenses these patents out to other manufacturers.
- The Arian Silver Corporation VRIO Analysis shows that Arian Silver Corporation’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Arian Silver Corporation. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Arian Silver 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 Arian Silver Corporation VRIO Analysis shows that the research and development at Arian Silver 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 Arian Silver Corporation. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Arian Silver Corporation are found to be rare according to the VRIO Analysis of Arian Silver 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 Arian Silver 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 Arian Silver Corporation and inhibit competitive advantage. This means that the local food products result in competitive parity for Arian Silver Corporation. As this resource is valuable, Arian Silver Corporation can still make use of this resource.
- The employees of Arian Silver Corporation are a rare resource as identified by the VRIO Analysis of Arian Silver 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 Arian Silver Corporation are a rare resource as identified by the Arian Silver Corporation VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Arian Silver Corporation to use them without interference from the competition.
- The distribution network of Arian Silver Corporation is a rare resource as identified by the VRIO Analysis of Arian Silver Corporation. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Arian Silver Corporation. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Arian Silver Corporation are costly to imitate as identified by the Arian Silver 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 Arian Silver 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 Arian Silver Corporation provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Arian Silver Corporation are also not costly to imitate as identified by the Arian Silver Corporation VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Arian Silver Corporation by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Arian Silver Corporation a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Arian Silver Corporation are very difficult to imitate as identified by the VRIO Analysis of Arian Silver 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 Arian Silver Corporation is also very costly to imitate by competition as identified by the Arian Silver Corporation VRIO Analysis. This has been developed over the years gradually by Arian Silver Corporation. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Arian Silver Corporation are organised to capture value as identified by the VRIO Analysis of Arian Silver 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 Arian Silver Corporation.
- The Patents of Arian Silver Corporation are not well organised as identified by the Arian Silver 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 Arian Silver Corporation starts selling patented products before the patents expire.
- The distribution network of Arian Silver Corporation is organised as identified by the VRIO Analysis of Arian Silver Corporation. Arian Silver 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 Arian Silver Corporation.
From the VRIO Analysis of Arian Silver 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 Arian Silver 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.
Moaaz Tayler
5.0
I always call this service for help and it provides me with the best paper. Many times they provided me the assignment within 5-7 hours and I never find any issue with quality. I credit this service and the writer for all the good grades because they did the work with focused construction. I recently ordered a research paper; this is also what I expected. I hope my review will be helpful for those who are searching for a service for accomplishing their academic tasks. Try this service just once; you people will surely remember my guidelines.
Nicole Milton
5.0
Love the delightful support team that tolerated with me while I asked hundreds of questions. When I questioned the authenticity of the assignment, it said: your behaviour is tolerable but plagiarism is not tolerable. I said okay and ordered the paper and well pleased for having this service.
Carol Noah
4.0
I’ll definitely use this paper writing service again. The writer followed my instructions and I got an elaborated paper. Thanks a lot!
Jose Luis Alvarez
5.0
Thank you!
Next Articles
- Asa Resource Group Plc Vrio Analysis
- Asiamet Resources Limited Vrio Analysis
- Atalaya Mining Plc Vrio Analysis
- Avesoro Resources Inc. Vrio Analysis
- Avocet Mining Plc Vrio Analysis
- Bacanora Minerals Ltd Vrio Analysis
- Basf Se Vrio Analysis
- Bellzone Mining Plc Vrio Analysis
- Beowulf Mining Plc Vrio Analysis
- Bezant Resources Plc Vrio Analysis
Previous Articles
- Ariana Resources Plc Vrio Analysis
- Applied Graphene Materials Plc Vrio Analysis
- Antofagasta Plc Vrio Analysis
- Anglo Pacific Group Plc Vrio Analysis
- Anglo Asian Mining Plc Vrio Analysis
- Anglo American Plc Vrio Analysis
- Anglesey Mining Plc Vrio Analysis
- Amur Minerals Corporation Vrio Analysis
- Ambrian Plc Vrio Analysis
- Altyn Plc 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!