- 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 Linda Fay Harris
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Linda Fay Harris will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Linda Fay Harris 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 Linda Fay Harris VRIO Analysis shows that the financial resources of Linda Fay Harris are highly valuable as these help in investing into external opportunities that arise. These also help Linda Fay Harris in combating external threats.
- According to the VRIO Analysis of Linda Fay Harris, 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 Linda Fay Harris VRIO Analysis shows that Linda Fay Harris'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 Linda Fay Harris's products.
- According to the VRIO Analysis of Linda Fay Harris, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Linda Fay Harris. These patents also provide Linda Fay Harris with licensing revenue when it licenses these patents out to other manufacturers.
- The Linda Fay Harris VRIO Analysis shows that Linda Fay Harris’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Linda Fay Harris. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Linda Fay Harris, 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 Linda Fay Harris VRIO Analysis shows that the research and development at Linda Fay Harris 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 Linda Fay Harris. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Linda Fay Harris are found to be rare according to the VRIO Analysis of Linda Fay Harris. 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 Linda Fay Harris 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 Linda Fay Harris and inhibit competitive advantage. This means that the local food products result in competitive parity for Linda Fay Harris. As this resource is valuable, Linda Fay Harris can still make use of this resource.
- The employees of Linda Fay Harris are a rare resource as identified by the VRIO Analysis of Linda Fay Harris. 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 Linda Fay Harris are a rare resource as identified by the Linda Fay Harris VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Linda Fay Harris to use them without interference from the competition.
- The distribution network of Linda Fay Harris is a rare resource as identified by the VRIO Analysis of Linda Fay Harris. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Linda Fay Harris. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Linda Fay Harris are costly to imitate as identified by the Linda Fay Harris 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 Linda Fay Harris. 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 Linda Fay Harris provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Linda Fay Harris are also not costly to imitate as identified by the Linda Fay Harris VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Linda Fay Harris by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Linda Fay Harris a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Linda Fay Harris are very difficult to imitate as identified by the VRIO Analysis of Linda Fay Harris. 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 Linda Fay Harris is also very costly to imitate by competition as identified by the Linda Fay Harris VRIO Analysis. This has been developed over the years gradually by Linda Fay Harris. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Linda Fay Harris are organised to capture value as identified by the VRIO Analysis of Linda Fay Harris. 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 Linda Fay Harris.
- The Patents of Linda Fay Harris are not well organised as identified by the Linda Fay Harris 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 Linda Fay Harris starts selling patented products before the patents expire.
- The distribution network of Linda Fay Harris is organised as identified by the VRIO Analysis of Linda Fay Harris. Linda Fay Harris 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 Linda Fay Harris.
From the VRIO Analysis of Linda Fay Harris, 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 Linda Fay Harris 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.
Henry
4.0
I get papers from this service many times and it never gives me the chance of complaint. These guys are really helpful! Recommended!
Tony Lai
5.0
The diagrams that the expert drafted made an impact on the lecturer and she gifted a good score to me.
Elizabeth Lucas
5.0
I needed help with my assignment and appointed this service. It was true to its work. It delivered a good paper. Thank you!
Max Charlie
5.0
I used this service many times and I got decent paper every time. This service is absolutely perfect to work with. I’m satisfied. Thanks a lot!
Next Articles
- Medisys Corp.: The IntensCare Product Development Team, Spanish Version Vrio Analysis
- If Only We Knew What We Know: Identification And Transfer Of Internal Best Practices Vrio Analysis
- Carolina For Kibera Vrio Analysis
- London Public Library Vrio Analysis
- Accountability Lens: A New Way To View Management Issues Vrio Analysis
- The Role Of The Audit Committee In Risk Oversight Vrio Analysis
- Wetherill Associates, Inc., Supplement Vrio Analysis
- Three Cultures Of Management: The Key To Organizational Learning Vrio Analysis
- Apple Computer (C): The Human Resource Function Vrio Analysis
- The Battle At JPMorgan Chase, Chinese Version Vrio Analysis
Previous Articles
- Organizational Alignment: The 7 S Model Vrio Analysis
- Aruna Roy And The Birth Of A People's Movement In India Vrio Analysis
- Golden Rule Vrio Analysis
- Becca Brothers: Jandie Griffin Vrio Analysis
- How To Run A Meeting Vrio Analysis
- Note On Linear Programming Vrio Analysis
- Sergio Marchionne At Chrysler Vrio Analysis
- Paul Bremer At The Coalition Provisional Authority In Iraq Vrio Analysis
- ABB Deutschland (A), Spanish Version Vrio Analysis
- Improving Capabilities Through Industry Peer Networks 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!