- 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 Mary Kay Inc Asian Market Entry B
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Mary Kay Inc Asian Market Entry B will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Mary Kay Inc Asian Market Entry B 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 Mary Kay Inc Asian Market Entry B VRIO Analysis shows that the financial resources of Mary Kay Inc Asian Market Entry B are highly valuable as these help in investing into external opportunities that arise. These also help Mary Kay Inc Asian Market Entry B in combating external threats.
- According to the VRIO Analysis of Mary Kay Inc Asian Market Entry B, 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 Mary Kay Inc Asian Market Entry B VRIO Analysis shows that Mary Kay Inc Asian Market Entry B'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 Mary Kay Inc Asian Market Entry B's products.
- According to the VRIO Analysis of Mary Kay Inc Asian Market Entry B, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Mary Kay Inc Asian Market Entry B. These patents also provide Mary Kay Inc Asian Market Entry B with licensing revenue when it licenses these patents out to other manufacturers.
- The Mary Kay Inc Asian Market Entry B VRIO Analysis shows that Mary Kay Inc Asian Market Entry B’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Mary Kay Inc Asian Market Entry B. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Mary Kay Inc Asian Market Entry B, 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 Mary Kay Inc Asian Market Entry B VRIO Analysis shows that the research and development at Mary Kay Inc Asian Market Entry B 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 Mary Kay Inc Asian Market Entry B. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Mary Kay Inc Asian Market Entry B are found to be rare according to the VRIO Analysis of Mary Kay Inc Asian Market Entry B. 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 Mary Kay Inc Asian Market Entry B 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 Mary Kay Inc Asian Market Entry B and inhibit competitive advantage. This means that the local food products result in competitive parity for Mary Kay Inc Asian Market Entry B. As this resource is valuable, Mary Kay Inc Asian Market Entry B can still make use of this resource.
- The employees of Mary Kay Inc Asian Market Entry B are a rare resource as identified by the VRIO Analysis of Mary Kay Inc Asian Market Entry B. 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 Mary Kay Inc Asian Market Entry B are a rare resource as identified by the Mary Kay Inc Asian Market Entry B VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Mary Kay Inc Asian Market Entry B to use them without interference from the competition.
- The distribution network of Mary Kay Inc Asian Market Entry B is a rare resource as identified by the VRIO Analysis of Mary Kay Inc Asian Market Entry B. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Mary Kay Inc Asian Market Entry B. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Mary Kay Inc Asian Market Entry B are costly to imitate as identified by the Mary Kay Inc Asian Market Entry B 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 Mary Kay Inc Asian Market Entry B. 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 Mary Kay Inc Asian Market Entry B provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Mary Kay Inc Asian Market Entry B are also not costly to imitate as identified by the Mary Kay Inc Asian Market Entry B VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Mary Kay Inc Asian Market Entry B by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Mary Kay Inc Asian Market Entry B a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Mary Kay Inc Asian Market Entry B are very difficult to imitate as identified by the VRIO Analysis of Mary Kay Inc Asian Market Entry B. 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 Mary Kay Inc Asian Market Entry B is also very costly to imitate by competition as identified by the Mary Kay Inc Asian Market Entry B VRIO Analysis. This has been developed over the years gradually by Mary Kay Inc Asian Market Entry B. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Mary Kay Inc Asian Market Entry B are organised to capture value as identified by the VRIO Analysis of Mary Kay Inc Asian Market Entry B. 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 Mary Kay Inc Asian Market Entry B.
- The Patents of Mary Kay Inc Asian Market Entry B are not well organised as identified by the Mary Kay Inc Asian Market Entry B 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 Mary Kay Inc Asian Market Entry B starts selling patented products before the patents expire.
- The distribution network of Mary Kay Inc Asian Market Entry B is organised as identified by the VRIO Analysis of Mary Kay Inc Asian Market Entry B. Mary Kay Inc Asian Market Entry B 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 Mary Kay Inc Asian Market Entry B.
From the VRIO Analysis of Mary Kay Inc Asian Market Entry B, 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 Mary Kay Inc Asian Market Entry B 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.
Cluadia Fausto
5.0
This service is the resort that a student looks for his paper. Thank you for providing the report that informed me how much the paper is genuine and the quantity of plagiarism. Great step!
Nelson Patrick
5.0
This website is the best and I think I was fortunate to find this service. Incredible discounts and plagiarism report. Thank you!
Penelope Archer
5.0
Exceptional quality and valid paper is letting me to go along with this service.
Saiqa Boody
5.0
Great customer service and polite manners. When I couldn’t manage to write the document; thus, I appointed it and was happy with its proceedings.
Next Articles
- ZARA Vrio Analysis
- Koc Holding: Arcelik White Goods, Spanish Version Vrio Analysis
- Palliser Furniture Ltd. Vrio Analysis
- Banking On Social Media (B) Vrio Analysis
- Shopping Online For Freedom, Control, And Fun Vrio Analysis
- Compaq Computer: Focus Groups 1 And 2, Video Vrio Analysis
- Dell Online, Spanish Version Vrio Analysis
- Note On Marketing And The Internet Vrio Analysis
- Uncovering Patterns In Cybershopping Vrio Analysis
- Target Corporation: Maintaining Relevance In The 21st Century Gaming Market Vrio Analysis
Previous Articles
- Jewellworld.com Online Jewelry Shopping In China Vrio Analysis
- Raga And Tanishq Symbolic Linkages Between Brands (The Indian Context) Vrio Analysis
- Tesco PLC: Fresh & Easy In The United States Vrio Analysis
- Immigrant Entrepreneurship: Bringing Yanjing Beer To Canada Vrio Analysis
- HP: The Computer Is Personal Again Vrio Analysis
- National Dairy: Defending Market Leadership Vrio Analysis
- Visa Inc.: Accounting For Marketing Vrio Analysis
- Mountain Equipment Co Op: Digital Strategy Vrio Analysis
- Gentera: Beyond Microcredit Vrio Analysis
- Ledals Redistributor: Enacting Policies That Frustrate Salespeople And Customers 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!