- 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 Grasse Fragrances SA
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Grasse Fragrances SA will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Grasse Fragrances SA 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 Grasse Fragrances SA VRIO Analysis shows that the financial resources of Grasse Fragrances SA are highly valuable as these help in investing into external opportunities that arise. These also help Grasse Fragrances SA in combating external threats.
- According to the VRIO Analysis of Grasse Fragrances SA, 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 Grasse Fragrances SA VRIO Analysis shows that Grasse Fragrances SA'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 Grasse Fragrances SA's products.
- According to the VRIO Analysis of Grasse Fragrances SA, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Grasse Fragrances SA. These patents also provide Grasse Fragrances SA with licensing revenue when it licenses these patents out to other manufacturers.
- The Grasse Fragrances SA VRIO Analysis shows that Grasse Fragrances SA’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Grasse Fragrances SA. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Grasse Fragrances SA, 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 Grasse Fragrances SA VRIO Analysis shows that the research and development at Grasse Fragrances SA 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 Grasse Fragrances SA. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Grasse Fragrances SA are found to be rare according to the VRIO Analysis of Grasse Fragrances SA. 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 Grasse Fragrances SA 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 Grasse Fragrances SA and inhibit competitive advantage. This means that the local food products result in competitive parity for Grasse Fragrances SA. As this resource is valuable, Grasse Fragrances SA can still make use of this resource.
- The employees of Grasse Fragrances SA are a rare resource as identified by the VRIO Analysis of Grasse Fragrances SA. 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 Grasse Fragrances SA are a rare resource as identified by the Grasse Fragrances SA VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Grasse Fragrances SA to use them without interference from the competition.
- The distribution network of Grasse Fragrances SA is a rare resource as identified by the VRIO Analysis of Grasse Fragrances SA. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Grasse Fragrances SA. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Grasse Fragrances SA are costly to imitate as identified by the Grasse Fragrances SA 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 Grasse Fragrances SA. 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 Grasse Fragrances SA provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Grasse Fragrances SA are also not costly to imitate as identified by the Grasse Fragrances SA VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Grasse Fragrances SA by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Grasse Fragrances SA a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Grasse Fragrances SA are very difficult to imitate as identified by the VRIO Analysis of Grasse Fragrances SA. 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 Grasse Fragrances SA is also very costly to imitate by competition as identified by the Grasse Fragrances SA VRIO Analysis. This has been developed over the years gradually by Grasse Fragrances SA. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Grasse Fragrances SA are organised to capture value as identified by the VRIO Analysis of Grasse Fragrances SA. 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 Grasse Fragrances SA.
- The Patents of Grasse Fragrances SA are not well organised as identified by the Grasse Fragrances SA 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 Grasse Fragrances SA starts selling patented products before the patents expire.
- The distribution network of Grasse Fragrances SA is organised as identified by the VRIO Analysis of Grasse Fragrances SA. Grasse Fragrances SA 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 Grasse Fragrances SA.
From the VRIO Analysis of Grasse Fragrances SA, 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 Grasse Fragrances SA 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.
Nora Levente
5.0
I used a particular writer throughout the semester that’s why I obtained the highest CGPA in contrast to other fellows.
Oscar Lam
5.0
The price was affordable and the delivery was fast. Highly recommended!
Olive
5.0
Always on time and high-quality paper. I was not disappointed by the assistance of this service. Thanks a lot!
Xiang Hi
5.0
The customer support department responded to me quickly and the writer was a brilliant man. Got a good paper. Thanks a lot!
Next Articles
- Pricing Strategy At Officenet Staples, Spanish Version Vrio Analysis
- Petite Playthings, Inc. 1984 (B) Vrio Analysis
- Midway: Licensing Distributing And Building Brands In China Vrio Analysis
- Talbots Vrio Analysis
- Finding Sustainable Profitability In Electronic Commerce Vrio Analysis
- OfficePro (C) Vrio Analysis
- Paul Frank And Native American Stereotypes: A Case Of Misappropriation Vrio Analysis
- Claiborne Asks Web Surfers To Name New Line Vrio Analysis
- Rana Plaza: Workplace Safety In Bangladesh (B) Vrio Analysis
- Value Pricing At Procter & Gamble (A) Vrio Analysis
Previous Articles
- Avon.com (A), Spanish Version Vrio Analysis
- MEM Co., Inc. Vrio Analysis
- Procter & Gamble Canada (A): The Febreze Decision Vrio Analysis
- Purchase Precedes Trust In Retailer Vrio Analysis
- Priceline.com: Name Your Own Price, Spanish Version Vrio Analysis
- Johnson Wax: Enhance (A), Spanish Version Vrio Analysis
- Sa Sa Cosmetics Vrio Analysis
- J. C. Penney: Activist Investors And The Rise And Fall Of Ron Johnson Vrio Analysis
- Onsale, Inc. Vrio Analysis
- Designs By Kate: The Power Of Direct Sales 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!