- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
VRIO Analysis of NorPetrol Venezuela s Social Investment Spanish Version
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of NorPetrol Venezuela s Social Investment Spanish Version will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The NorPetrol Venezuela s Social Investment Spanish Version 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 NorPetrol Venezuela s Social Investment Spanish Version VRIO Analysis shows that the financial resources of NorPetrol Venezuela s Social Investment Spanish Version are highly valuable as these help in investing into external opportunities that arise. These also help NorPetrol Venezuela s Social Investment Spanish Version in combating external threats.
- According to the VRIO Analysis of NorPetrol Venezuela s Social Investment Spanish Version, 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 NorPetrol Venezuela s Social Investment Spanish Version VRIO Analysis shows that NorPetrol Venezuela s Social Investment Spanish Version'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 NorPetrol Venezuela s Social Investment Spanish Version's products.
- According to the VRIO Analysis of NorPetrol Venezuela s Social Investment Spanish Version, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for NorPetrol Venezuela s Social Investment Spanish Version. These patents also provide NorPetrol Venezuela s Social Investment Spanish Version with licensing revenue when it licenses these patents out to other manufacturers.
- The NorPetrol Venezuela s Social Investment Spanish Version VRIO Analysis shows that NorPetrol Venezuela s Social Investment Spanish Version’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for NorPetrol Venezuela s Social Investment Spanish Version. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of NorPetrol Venezuela s Social Investment Spanish Version, 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 NorPetrol Venezuela s Social Investment Spanish Version VRIO Analysis shows that the research and development at NorPetrol Venezuela s Social Investment Spanish Version 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 NorPetrol Venezuela s Social Investment Spanish Version. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of NorPetrol Venezuela s Social Investment Spanish Version are found to be rare according to the VRIO Analysis of NorPetrol Venezuela s Social Investment Spanish Version. 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 NorPetrol Venezuela s Social Investment Spanish Version 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 NorPetrol Venezuela s Social Investment Spanish Version and inhibit competitive advantage. This means that the local food products result in competitive parity for NorPetrol Venezuela s Social Investment Spanish Version. As this resource is valuable, NorPetrol Venezuela s Social Investment Spanish Version can still make use of this resource.
- The employees of NorPetrol Venezuela s Social Investment Spanish Version are a rare resource as identified by the VRIO Analysis of NorPetrol Venezuela s Social Investment Spanish Version. 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 NorPetrol Venezuela s Social Investment Spanish Version are a rare resource as identified by the NorPetrol Venezuela s Social Investment Spanish Version VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows NorPetrol Venezuela s Social Investment Spanish Version to use them without interference from the competition.
- The distribution network of NorPetrol Venezuela s Social Investment Spanish Version is a rare resource as identified by the VRIO Analysis of NorPetrol Venezuela s Social Investment Spanish Version. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of NorPetrol Venezuela s Social Investment Spanish Version. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of NorPetrol Venezuela s Social Investment Spanish Version are costly to imitate as identified by the NorPetrol Venezuela s Social Investment Spanish Version 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 NorPetrol Venezuela s Social Investment Spanish Version. 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 NorPetrol Venezuela s Social Investment Spanish Version provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of NorPetrol Venezuela s Social Investment Spanish Version are also not costly to imitate as identified by the NorPetrol Venezuela s Social Investment Spanish Version VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from NorPetrol Venezuela s Social Investment Spanish Version by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of NorPetrol Venezuela s Social Investment Spanish Version a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of NorPetrol Venezuela s Social Investment Spanish Version are very difficult to imitate as identified by the VRIO Analysis of NorPetrol Venezuela s Social Investment Spanish Version. 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 NorPetrol Venezuela s Social Investment Spanish Version is also very costly to imitate by competition as identified by the NorPetrol Venezuela s Social Investment Spanish Version VRIO Analysis. This has been developed over the years gradually by NorPetrol Venezuela s Social Investment Spanish Version. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of NorPetrol Venezuela s Social Investment Spanish Version are organised to capture value as identified by the VRIO Analysis of NorPetrol Venezuela s Social Investment Spanish Version. 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 NorPetrol Venezuela s Social Investment Spanish Version.
- The Patents of NorPetrol Venezuela s Social Investment Spanish Version are not well organised as identified by the NorPetrol Venezuela s Social Investment Spanish Version 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 NorPetrol Venezuela s Social Investment Spanish Version starts selling patented products before the patents expire.
- The distribution network of NorPetrol Venezuela s Social Investment Spanish Version is organised as identified by the VRIO Analysis of NorPetrol Venezuela s Social Investment Spanish Version. NorPetrol Venezuela s Social Investment Spanish Version 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 NorPetrol Venezuela s Social Investment Spanish Version.
From the VRIO Analysis of NorPetrol Venezuela s Social Investment Spanish Version, 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 NorPetrol Venezuela s Social Investment Spanish Version 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.
Haifa Lukman
5.0
Whole process of composing the assignment was completed responsively. Exceptional service with a fast turnaround.
Alex Lim
5.0
This service is my number one choice because the assignments that I received from here are always flawless.
Dylan Benjamin
5.0
The next semester is going to start and I'll turn to you guys as always. Truly excellent service!
Charlie
5.0
The paper was earlier than the deadline. This is a really trusted website. I am always happy to use this company. Grateful!
Next Articles
- McDonald's India: Optimizing The French Fries Supply Chain Vrio Analysis
- Beidahuang Vrio Analysis
- Woolf Farming And Processing Vrio Analysis
- Funai Consulting Co. Ltd. (A) Vrio Analysis
- Fish Friendly Farming: Water, Wine, And Fish Sustainable Agriculture For A Thirsty World Vrio Analysis
- Geographical Indications: I Say "Kalamata", The EU Says "Black Olive" (B) Vrio Analysis
- Loblaw Companies Ltd.: The Road Ahead Vrio Analysis
- Technical Note On Ethanol As A Motor Fuel Vrio Analysis
- Lantian Stock: The 600 Word Spell On A Transformed State Owned Enterprise In China Vrio Analysis
- Grassroots Female Entrepreneurs: Rural And Urban Small Business Groups In India Vrio Analysis
Previous Articles
- As Green As It Gets Vrio Analysis
- Blue River Technology (A) Vrio Analysis
- Breezy Plains Acres: What About Me? Vrio Analysis
- GE's Two Decade Transformation: Jack Welch's Leadership Vrio Analysis
- Changing The Culture At DEI Airlines Vrio Analysis
- Scandinavian Airlines System Vrio Analysis
- JetBlue Airways: A New Beginning Vrio Analysis
- Braniff International: The Ethics Of Bankruptcy (A) Vrio Analysis
- Silver Star's North American Flight Center Vrio Analysis
- Veridian: Putting A Value On Values 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!