- 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 Note on Marketing and the Internet
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Note on Marketing and the Internet will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Note on Marketing and the Internet 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 Note on Marketing and the Internet VRIO Analysis shows that the financial resources of Note on Marketing and the Internet are highly valuable as these help in investing into external opportunities that arise. These also help Note on Marketing and the Internet in combating external threats.
- According to the VRIO Analysis of Note on Marketing and the Internet, 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 Note on Marketing and the Internet VRIO Analysis shows that Note on Marketing and the Internet'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 Note on Marketing and the Internet's products.
- According to the VRIO Analysis of Note on Marketing and the Internet, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Note on Marketing and the Internet. These patents also provide Note on Marketing and the Internet with licensing revenue when it licenses these patents out to other manufacturers.
- The Note on Marketing and the Internet VRIO Analysis shows that Note on Marketing and the Internet’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Note on Marketing and the Internet. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Note on Marketing and the Internet, 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 Note on Marketing and the Internet VRIO Analysis shows that the research and development at Note on Marketing and the Internet 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 Note on Marketing and the Internet. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Note on Marketing and the Internet are found to be rare according to the VRIO Analysis of Note on Marketing and the Internet. 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 Note on Marketing and the Internet 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 Note on Marketing and the Internet and inhibit competitive advantage. This means that the local food products result in competitive parity for Note on Marketing and the Internet. As this resource is valuable, Note on Marketing and the Internet can still make use of this resource.
- The employees of Note on Marketing and the Internet are a rare resource as identified by the VRIO Analysis of Note on Marketing and the Internet. 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 Note on Marketing and the Internet are a rare resource as identified by the Note on Marketing and the Internet VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Note on Marketing and the Internet to use them without interference from the competition.
- The distribution network of Note on Marketing and the Internet is a rare resource as identified by the VRIO Analysis of Note on Marketing and the Internet. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Note on Marketing and the Internet. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Note on Marketing and the Internet are costly to imitate as identified by the Note on Marketing and the Internet 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 Note on Marketing and the Internet. 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 Note on Marketing and the Internet provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Note on Marketing and the Internet are also not costly to imitate as identified by the Note on Marketing and the Internet VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Note on Marketing and the Internet by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Note on Marketing and the Internet a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Note on Marketing and the Internet are very difficult to imitate as identified by the VRIO Analysis of Note on Marketing and the Internet. 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 Note on Marketing and the Internet is also very costly to imitate by competition as identified by the Note on Marketing and the Internet VRIO Analysis. This has been developed over the years gradually by Note on Marketing and the Internet. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Note on Marketing and the Internet are organised to capture value as identified by the VRIO Analysis of Note on Marketing and the Internet. 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 Note on Marketing and the Internet.
- The Patents of Note on Marketing and the Internet are not well organised as identified by the Note on Marketing and the Internet 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 Note on Marketing and the Internet starts selling patented products before the patents expire.
- The distribution network of Note on Marketing and the Internet is organised as identified by the VRIO Analysis of Note on Marketing and the Internet. Note on Marketing and the Internet 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 Note on Marketing and the Internet.
From the VRIO Analysis of Note on Marketing and the Internet, 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 Note on Marketing and the Internet 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.
Maeco Rubio
5.0
I couldn’t manage the time for the research paper. I’m intelligent enough to assess the expertness with the one meeting. I contacted the support team at first, and the second concern was to check the professionalism of the writer. This service was excellent in both tests, and I hired it. Paper was as the teacher wanted, and I received the grades as I wanted. Thank you!
Ishaan Kunal
5.0
This service has a protected way to pay the payment and also the valid step of confidentiality that is really admirable. Plenty of thanks!
Daniel Anay
5.0
The communication was very well and the document was written well. Thank you very very much!
Charlotte
5.0
Never had any issues with this custom paper writing service. I’m thankful!
Next Articles
- Uncovering Patterns In Cybershopping Vrio Analysis
- Target Corporation: Maintaining Relevance In The 21st Century Gaming Market Vrio Analysis
- Making A Market: EBay, StubHub, And Swaptree Vrio Analysis
- Search Engine Optimization (SEO) Vrio Analysis
- Framework For Customer Relationship Management Vrio Analysis
- Adidas' Human Rights Policy And Euro 2000 Vrio Analysis
- Wal Mart's Global Women's Economic Empowerment Initiative Vrio Analysis
- Data Mining: On The Trail To Marketing Gold Vrio Analysis
- Have Text, Will Travel: Can Airbnb Use Review Text Data To Optimize Profits? Vrio Analysis
- Maria Sharapova: Marketing A Champion (A) Vrio Analysis
Previous Articles
- Dell Online, Spanish Version Vrio Analysis
- Compaq Computer: Focus Groups 1 And 2, Video Vrio Analysis
- Shopping Online For Freedom, Control, And Fun Vrio Analysis
- Banking On Social Media (B) Vrio Analysis
- Palliser Furniture Ltd. Vrio Analysis
- Koc Holding: Arcelik White Goods, Spanish Version Vrio Analysis
- ZARA Vrio Analysis
- Mary Kay Inc.: Asian Market Entry (B) Vrio Analysis
- Jewellworld.com Online Jewelry Shopping In China Vrio Analysis
- Raga And Tanishq Symbolic Linkages Between Brands (The Indian Context) 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!