- 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 Amgen Inc Planning the Unplannable
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Amgen Inc Planning the Unplannable will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Amgen Inc Planning the Unplannable 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 Amgen Inc Planning the Unplannable VRIO Analysis shows that the financial resources of Amgen Inc Planning the Unplannable are highly valuable as these help in investing into external opportunities that arise. These also help Amgen Inc Planning the Unplannable in combating external threats.
- According to the VRIO Analysis of Amgen Inc Planning the Unplannable, 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 Amgen Inc Planning the Unplannable VRIO Analysis shows that Amgen Inc Planning the Unplannable'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 Amgen Inc Planning the Unplannable's products.
- According to the VRIO Analysis of Amgen Inc Planning the Unplannable, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Amgen Inc Planning the Unplannable. These patents also provide Amgen Inc Planning the Unplannable with licensing revenue when it licenses these patents out to other manufacturers.
- The Amgen Inc Planning the Unplannable VRIO Analysis shows that Amgen Inc Planning the Unplannable’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Amgen Inc Planning the Unplannable. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Amgen Inc Planning the Unplannable, 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 Amgen Inc Planning the Unplannable VRIO Analysis shows that the research and development at Amgen Inc Planning the Unplannable 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 Amgen Inc Planning the Unplannable. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Amgen Inc Planning the Unplannable are found to be rare according to the VRIO Analysis of Amgen Inc Planning the Unplannable. 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 Amgen Inc Planning the Unplannable 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 Amgen Inc Planning the Unplannable and inhibit competitive advantage. This means that the local food products result in competitive parity for Amgen Inc Planning the Unplannable. As this resource is valuable, Amgen Inc Planning the Unplannable can still make use of this resource.
- The employees of Amgen Inc Planning the Unplannable are a rare resource as identified by the VRIO Analysis of Amgen Inc Planning the Unplannable. 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 Amgen Inc Planning the Unplannable are a rare resource as identified by the Amgen Inc Planning the Unplannable VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Amgen Inc Planning the Unplannable to use them without interference from the competition.
- The distribution network of Amgen Inc Planning the Unplannable is a rare resource as identified by the VRIO Analysis of Amgen Inc Planning the Unplannable. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Amgen Inc Planning the Unplannable. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Amgen Inc Planning the Unplannable are costly to imitate as identified by the Amgen Inc Planning the Unplannable 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 Amgen Inc Planning the Unplannable. 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 Amgen Inc Planning the Unplannable provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Amgen Inc Planning the Unplannable are also not costly to imitate as identified by the Amgen Inc Planning the Unplannable VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Amgen Inc Planning the Unplannable by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Amgen Inc Planning the Unplannable a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Amgen Inc Planning the Unplannable are very difficult to imitate as identified by the VRIO Analysis of Amgen Inc Planning the Unplannable. 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 Amgen Inc Planning the Unplannable is also very costly to imitate by competition as identified by the Amgen Inc Planning the Unplannable VRIO Analysis. This has been developed over the years gradually by Amgen Inc Planning the Unplannable. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Amgen Inc Planning the Unplannable are organised to capture value as identified by the VRIO Analysis of Amgen Inc Planning the Unplannable. 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 Amgen Inc Planning the Unplannable.
- The Patents of Amgen Inc Planning the Unplannable are not well organised as identified by the Amgen Inc Planning the Unplannable 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 Amgen Inc Planning the Unplannable starts selling patented products before the patents expire.
- The distribution network of Amgen Inc Planning the Unplannable is organised as identified by the VRIO Analysis of Amgen Inc Planning the Unplannable. Amgen Inc Planning the Unplannable 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 Amgen Inc Planning the Unplannable.
From the VRIO Analysis of Amgen Inc Planning the Unplannable, 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 Amgen Inc Planning the Unplannable 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.
Alice Benjamin
5.0
The professor awarded me A score in the document because the paper was close to his opinion. I'm sad about my friends because some of them got C and one got D. Actually, I got assistance from this service at the last hour and didn't share about it with them.
Emma Jonas
5.0
This website improved my CGPA. The content was completely relevant to the topic. I can’t thank them enough for the assistance.
Paul Lang
4.0
These guys are professional and prices of this online assignment help service is unbeatable. I recommend it!
Chen Tang
4.0
Excellent service. I will definitely be here for the completion of the next assignment. I'm grateful for this nice favour!
Next Articles
- Erik Peterson At Biometra (B) Vrio Analysis
- Hewlett Packard's Santa Rosa Systems Division (B1): The Top Team Assessment Vrio Analysis
- Khalil Abdo Group, Portuguese Version Vrio Analysis
- Growth And Profitability At Fresenius Vrio Analysis
- AstraZeneca, Prilosec, And Nexium: Marketing Challenges In The Launch Of A Second Generation Drug Vrio Analysis
- The Health Haven (B) Vrio Analysis
- The Wen Group, Chinese Version Vrio Analysis
- Becton Dickinson (A): Corporate Strategy Vrio Analysis
- Venture Valuation AG: The Genedata Assignment Vrio Analysis
- Quickturn Design Systems, Inc. (F) Vrio Analysis
Previous Articles
- Siemens Medical Solutions: Creating A Customer Focused Organization For Solutions Marketing Vrio Analysis
- Erik Peterson At Biometra (C) Vrio Analysis
- Genedata Vrio Analysis
- Kinetic Concepts, Inc. Vrio Analysis
- The Health Haven (A) Vrio Analysis
- Becton Dickinson (B1): Global Management, Update Vrio Analysis
- Board Of Directors At Medtronic, Inc., Spanish Version Vrio Analysis
- Hewlett Packard's Santa Rosa Systems Division (A): The Trials And Tribulations Of A Legacy Vrio Analysis
- Merck Sharp & Dohme Argentina, Inc. (B) Vrio Analysis
- Merck Latin America (A), Spanish Version 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!