- 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 Matt Coffin
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Matt Coffin will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Matt Coffin 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 Matt Coffin VRIO Analysis shows that the financial resources of Matt Coffin are highly valuable as these help in investing into external opportunities that arise. These also help Matt Coffin in combating external threats.
- According to the VRIO Analysis of Matt Coffin, 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 Matt Coffin VRIO Analysis shows that Matt Coffin'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 Matt Coffin's products.
- According to the VRIO Analysis of Matt Coffin, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Matt Coffin. These patents also provide Matt Coffin with licensing revenue when it licenses these patents out to other manufacturers.
- The Matt Coffin VRIO Analysis shows that Matt Coffin’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Matt Coffin. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Matt Coffin, 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 Matt Coffin VRIO Analysis shows that the research and development at Matt Coffin 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 Matt Coffin. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Matt Coffin are found to be rare according to the VRIO Analysis of Matt Coffin. 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 Matt Coffin 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 Matt Coffin and inhibit competitive advantage. This means that the local food products result in competitive parity for Matt Coffin. As this resource is valuable, Matt Coffin can still make use of this resource.
- The employees of Matt Coffin are a rare resource as identified by the VRIO Analysis of Matt Coffin. 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 Matt Coffin are a rare resource as identified by the Matt Coffin VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Matt Coffin to use them without interference from the competition.
- The distribution network of Matt Coffin is a rare resource as identified by the VRIO Analysis of Matt Coffin. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Matt Coffin. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Matt Coffin are costly to imitate as identified by the Matt Coffin 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 Matt Coffin. 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 Matt Coffin provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Matt Coffin are also not costly to imitate as identified by the Matt Coffin VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Matt Coffin by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Matt Coffin a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Matt Coffin are very difficult to imitate as identified by the VRIO Analysis of Matt Coffin. 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 Matt Coffin is also very costly to imitate by competition as identified by the Matt Coffin VRIO Analysis. This has been developed over the years gradually by Matt Coffin. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Matt Coffin are organised to capture value as identified by the VRIO Analysis of Matt Coffin. 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 Matt Coffin.
- The Patents of Matt Coffin are not well organised as identified by the Matt Coffin 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 Matt Coffin starts selling patented products before the patents expire.
- The distribution network of Matt Coffin is organised as identified by the VRIO Analysis of Matt Coffin. Matt Coffin 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 Matt Coffin.
From the VRIO Analysis of Matt Coffin, 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 Matt Coffin 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.
Jacob Maxwell
5.0
I have no issue recommending this service. Very quick, affordable and serious. Thanks!
Coco Ye
5.0
They delivered a quality paper to me within a fixed time. I’m hopeful for the desired result. Will post another review after the announcement of the result. Thank you!
Tung Li
5.0
The result that I got was remarkable and I'm well pleased with this company. Thank you for the original paper!!
NAIRA AMIRKHANYAN
5.0
Great paper; love the content.
Next Articles
- Howard, Shea & Chan Asset Management (D): Sales Presentation Vrio Analysis
- Peabody Simpson At The Crossroads Vrio Analysis
- AIA JF Green Fund Differentiation In Funds Market Vrio Analysis
- Howard, Shea & Chan Asset Management (B) Vrio Analysis
- Banking On Social Media (A) Vrio Analysis
- Goldman Sachs: Anchoring Standards After The Financial Crisis Vrio Analysis
- Vincor: Project Twist Vrio Analysis
- Giovanni Buton: International Marketing Strategy Vrio Analysis
- Nestle S.A.: International Marketing (B) Vrio Analysis
- Tartans In Thailand: Pernod Ricard's Thai Whiskey War Of 2007 Vrio Analysis
Previous Articles
- First Direct: Branchless Banking Vrio Analysis
- Charles Schwab Corp.: Introducing A New Brand Vrio Analysis
- Dunia Finance LLC (A) Vrio Analysis
- Merrill Lynch: Integrated Choice, Supplement Vrio Analysis
- Bank Of America: Mobile Banking (Abridged) Vrio Analysis
- Progressive Insurance Vrio Analysis
- Vanguard Group Television Commercials, Video Vrio Analysis
- Branding Citigroup's Consumer Business Vrio Analysis
- Howard, Shea & Chan Asset Management (A) Vrio Analysis
- Smartex: An Electronic Cash System 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!