- 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 Managing Creativity at Shanghai Tang Chinese Version
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Managing Creativity at Shanghai Tang Chinese Version will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese Version VRIO Analysis shows that the financial resources of Managing Creativity at Shanghai Tang Chinese Version are highly valuable as these help in investing into external opportunities that arise. These also help Managing Creativity at Shanghai Tang Chinese Version in combating external threats.
- According to the VRIO Analysis of Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese Version VRIO Analysis shows that Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese Version's products.
- According to the VRIO Analysis of Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese Version. These patents also provide Managing Creativity at Shanghai Tang Chinese Version with licensing revenue when it licenses these patents out to other manufacturers.
- The Managing Creativity at Shanghai Tang Chinese Version VRIO Analysis shows that Managing Creativity at Shanghai Tang Chinese Version’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Managing Creativity at Shanghai Tang Chinese Version. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese Version VRIO Analysis shows that the research and development at Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese Version. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Managing Creativity at Shanghai Tang Chinese Version are found to be rare according to the VRIO Analysis of Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese Version and inhibit competitive advantage. This means that the local food products result in competitive parity for Managing Creativity at Shanghai Tang Chinese Version. As this resource is valuable, Managing Creativity at Shanghai Tang Chinese Version can still make use of this resource.
- The employees of Managing Creativity at Shanghai Tang Chinese Version are a rare resource as identified by the VRIO Analysis of Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese Version are a rare resource as identified by the Managing Creativity at Shanghai Tang Chinese Version VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Managing Creativity at Shanghai Tang Chinese Version to use them without interference from the competition.
- The distribution network of Managing Creativity at Shanghai Tang Chinese Version is a rare resource as identified by the VRIO Analysis of Managing Creativity at Shanghai Tang Chinese Version. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Managing Creativity at Shanghai Tang Chinese Version. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Managing Creativity at Shanghai Tang Chinese Version are costly to imitate as identified by the Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese Version provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Managing Creativity at Shanghai Tang Chinese Version are also not costly to imitate as identified by the Managing Creativity at Shanghai Tang Chinese Version VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Managing Creativity at Shanghai Tang Chinese Version by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Managing Creativity at Shanghai Tang Chinese Version a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Managing Creativity at Shanghai Tang Chinese Version are very difficult to imitate as identified by the VRIO Analysis of Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese Version is also very costly to imitate by competition as identified by the Managing Creativity at Shanghai Tang Chinese Version VRIO Analysis. This has been developed over the years gradually by Managing Creativity at Shanghai Tang Chinese Version. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Managing Creativity at Shanghai Tang Chinese Version are organised to capture value as identified by the VRIO Analysis of Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese Version.
- The Patents of Managing Creativity at Shanghai Tang Chinese Version are not well organised as identified by the Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese Version starts selling patented products before the patents expire.
- The distribution network of Managing Creativity at Shanghai Tang Chinese Version is organised as identified by the VRIO Analysis of Managing Creativity at Shanghai Tang Chinese Version. Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese Version.
From the VRIO Analysis of Managing Creativity at Shanghai Tang Chinese 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 Managing Creativity at Shanghai Tang Chinese 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.
Sean Lie
5.0
I just started university and writing an essay was a task that was a trouble for me. The expert of this service worked out my issue in less than four hours. The teacher liked the first(intro) passage of the paper.
Mo Chou
5.0
I have used this company for 17 weeks now and going to suggest this service to all students. Always happy with the project that is supplied to me.
Alanood Kanan
5.0
The professor was very pleased with my paper, so my friend asked me the secret of success and I told them about this service. They will be soon here and I need some more discounts.
Jackie Belfon
5.0
I didn't like to hire any service but I ordered this service on the recommendation of my friend. I received the error-free paper from here and I'm very satisfied with this service. Thank you so much!
Next Articles
- Nordstrom: Dissension In The Ranks? (A), Spanish Version Vrio Analysis
- United Rentals (A) Vrio Analysis
- Ensina! Vrio Analysis
- Amazon, Apple, Facebook, And Google Vrio Analysis
- Change Without Compromise (A): The Decline And Turnaround Of Temple Baptist Church Vrio Analysis
- Change Without Compromise (B): The Growth Of NorthRidge Church Vrio Analysis
- Mindshare L.A.: Is This A Business...Or Is This A Project? Vrio Analysis
- Barry Fine Vrio Analysis
- Habitat For Humanity Egypt Vrio Analysis
- Bertelsmann Reinhard Mohn Fellowship: CSR As Cultural Exchange Vrio Analysis
Previous Articles
- Exercise On Employee Stock Option Dilution Vrio Analysis
- Miles Everson At PricewaterhouseCoopers Vrio Analysis
- ABB Deutschland (Abridged) Vrio Analysis
- Siemens: Building A Structure To Drive Performance And Responsibility (A) Vrio Analysis
- Campbell And Bailyn's Boston Office: Managing The Reorganization, Spanish Version Vrio Analysis
- ABB Deutschland (C), Spanish Version Vrio Analysis
- Presidio Solutions Vrio Analysis
- Battle Of Mannheim Vrio Analysis
- Hindustan Lever (B): The Reality Check Vrio Analysis
- Sonoco Products Co. (C) 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!