- 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 Cofidis
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Cofidis will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Cofidis 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 Cofidis VRIO Analysis shows that the financial resources of Cofidis are highly valuable as these help in investing into external opportunities that arise. These also help Cofidis in combating external threats.
- According to the VRIO Analysis of Cofidis, 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 Cofidis VRIO Analysis shows that Cofidis'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 Cofidis's products.
- According to the VRIO Analysis of Cofidis, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Cofidis. These patents also provide Cofidis with licensing revenue when it licenses these patents out to other manufacturers.
- The Cofidis VRIO Analysis shows that Cofidis’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Cofidis. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Cofidis, 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 Cofidis VRIO Analysis shows that the research and development at Cofidis 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 Cofidis. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Cofidis are found to be rare according to the VRIO Analysis of Cofidis. 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 Cofidis 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 Cofidis and inhibit competitive advantage. This means that the local food products result in competitive parity for Cofidis. As this resource is valuable, Cofidis can still make use of this resource.
- The employees of Cofidis are a rare resource as identified by the VRIO Analysis of Cofidis. 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 Cofidis are a rare resource as identified by the Cofidis VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Cofidis to use them without interference from the competition.
- The distribution network of Cofidis is a rare resource as identified by the VRIO Analysis of Cofidis. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Cofidis. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Cofidis are costly to imitate as identified by the Cofidis 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 Cofidis. 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 Cofidis provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Cofidis are also not costly to imitate as identified by the Cofidis VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Cofidis by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Cofidis a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Cofidis are very difficult to imitate as identified by the VRIO Analysis of Cofidis. 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 Cofidis is also very costly to imitate by competition as identified by the Cofidis VRIO Analysis. This has been developed over the years gradually by Cofidis. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Cofidis are organised to capture value as identified by the VRIO Analysis of Cofidis. 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 Cofidis.
- The Patents of Cofidis are not well organised as identified by the Cofidis 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 Cofidis starts selling patented products before the patents expire.
- The distribution network of Cofidis is organised as identified by the VRIO Analysis of Cofidis. Cofidis 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 Cofidis.
From the VRIO Analysis of Cofidis, 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 Cofidis 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.
Temara Saleem
5.0
It’s so simple to get the paper from this service. Just order and receive the document on the targeted time.
Benjamin Harley
5.0
Plagiarism free, valid paper and exceptional writing that is fitted to the distinct area. Thanks a lot!
Nathan Anthony
5.0
The writer was conscientious regarding the project and I obtained what his service promised to me and what I paid for.
GARY
5.0
excellent presentation powerpoint. Thank you very much!.
Next Articles
- BBVA: From Selling Services To Being A Brand Vrio Analysis
- Merrill Lynch: Integrated Choice Vrio Analysis
- State Bank Of India: Kohinoor Banjara Branch Vrio Analysis
- AIP Healthcare Japan: Investing In Japan's Retirement Home Market Vrio Analysis
- State Bank Of India: Transforming A State Owned Giant Vrio Analysis
- Evergreen Trust Vrio Analysis
- Merrill Lynch: Integrated Choice (Abridged) Vrio Analysis
- New York Life Insurance Co.: Pension Department Vrio Analysis
- Eastern Bank Ltd. (A) Vrio Analysis
- DLJdirect: "Putting Our Reputation Online" Vrio Analysis
Previous Articles
- Charles Schwab & Co., Inc.: The Vrio Analysis
- BBVA Compass: Marketing Resource Allocation, Portuguese Version Vrio Analysis
- Toronto Dominion Bank Money Monitor Vrio Analysis
- BayFunds Vrio Analysis
- Dunia Finance LLC (C) Vrio Analysis
- Dharmala Manulife: A Marketing Strategy Vrio Analysis
- Marketing Financial Services To The African American Consumer: A Comparative Analysis Of Investment Portfolio Composition Vrio Analysis
- Mahindra And Mahindra Finance Services Limited: Empowering Rural Customers In India Vrio Analysis
- Discovery Health (A) Vrio Analysis
- CIGNA Worldwide 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!