- 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 WellSpace Treatment Centers for Complementary and Alternative Medicine A
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of WellSpace Treatment Centers for Complementary and Alternative Medicine A will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The WellSpace Treatment Centers for Complementary and Alternative Medicine A 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 WellSpace Treatment Centers for Complementary and Alternative Medicine A VRIO Analysis shows that the financial resources of WellSpace Treatment Centers for Complementary and Alternative Medicine A are highly valuable as these help in investing into external opportunities that arise. These also help WellSpace Treatment Centers for Complementary and Alternative Medicine A in combating external threats.
- According to the VRIO Analysis of WellSpace Treatment Centers for Complementary and Alternative Medicine A, 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 WellSpace Treatment Centers for Complementary and Alternative Medicine A VRIO Analysis shows that WellSpace Treatment Centers for Complementary and Alternative Medicine A'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 WellSpace Treatment Centers for Complementary and Alternative Medicine A's products.
- According to the VRIO Analysis of WellSpace Treatment Centers for Complementary and Alternative Medicine A, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for WellSpace Treatment Centers for Complementary and Alternative Medicine A. These patents also provide WellSpace Treatment Centers for Complementary and Alternative Medicine A with licensing revenue when it licenses these patents out to other manufacturers.
- The WellSpace Treatment Centers for Complementary and Alternative Medicine A VRIO Analysis shows that WellSpace Treatment Centers for Complementary and Alternative Medicine A’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for WellSpace Treatment Centers for Complementary and Alternative Medicine A. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of WellSpace Treatment Centers for Complementary and Alternative Medicine A, 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 WellSpace Treatment Centers for Complementary and Alternative Medicine A VRIO Analysis shows that the research and development at WellSpace Treatment Centers for Complementary and Alternative Medicine A 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 WellSpace Treatment Centers for Complementary and Alternative Medicine A. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of WellSpace Treatment Centers for Complementary and Alternative Medicine A are found to be rare according to the VRIO Analysis of WellSpace Treatment Centers for Complementary and Alternative Medicine A. 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 WellSpace Treatment Centers for Complementary and Alternative Medicine A 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 WellSpace Treatment Centers for Complementary and Alternative Medicine A and inhibit competitive advantage. This means that the local food products result in competitive parity for WellSpace Treatment Centers for Complementary and Alternative Medicine A. As this resource is valuable, WellSpace Treatment Centers for Complementary and Alternative Medicine A can still make use of this resource.
- The employees of WellSpace Treatment Centers for Complementary and Alternative Medicine A are a rare resource as identified by the VRIO Analysis of WellSpace Treatment Centers for Complementary and Alternative Medicine A. 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 WellSpace Treatment Centers for Complementary and Alternative Medicine A are a rare resource as identified by the WellSpace Treatment Centers for Complementary and Alternative Medicine A VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows WellSpace Treatment Centers for Complementary and Alternative Medicine A to use them without interference from the competition.
- The distribution network of WellSpace Treatment Centers for Complementary and Alternative Medicine A is a rare resource as identified by the VRIO Analysis of WellSpace Treatment Centers for Complementary and Alternative Medicine A. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of WellSpace Treatment Centers for Complementary and Alternative Medicine A. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of WellSpace Treatment Centers for Complementary and Alternative Medicine A are costly to imitate as identified by the WellSpace Treatment Centers for Complementary and Alternative Medicine A 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 WellSpace Treatment Centers for Complementary and Alternative Medicine A. 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 WellSpace Treatment Centers for Complementary and Alternative Medicine A provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of WellSpace Treatment Centers for Complementary and Alternative Medicine A are also not costly to imitate as identified by the WellSpace Treatment Centers for Complementary and Alternative Medicine A VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from WellSpace Treatment Centers for Complementary and Alternative Medicine A by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of WellSpace Treatment Centers for Complementary and Alternative Medicine A a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of WellSpace Treatment Centers for Complementary and Alternative Medicine A are very difficult to imitate as identified by the VRIO Analysis of WellSpace Treatment Centers for Complementary and Alternative Medicine A. 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 WellSpace Treatment Centers for Complementary and Alternative Medicine A is also very costly to imitate by competition as identified by the WellSpace Treatment Centers for Complementary and Alternative Medicine A VRIO Analysis. This has been developed over the years gradually by WellSpace Treatment Centers for Complementary and Alternative Medicine A. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of WellSpace Treatment Centers for Complementary and Alternative Medicine A are organised to capture value as identified by the VRIO Analysis of WellSpace Treatment Centers for Complementary and Alternative Medicine A. 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 WellSpace Treatment Centers for Complementary and Alternative Medicine A.
- The Patents of WellSpace Treatment Centers for Complementary and Alternative Medicine A are not well organised as identified by the WellSpace Treatment Centers for Complementary and Alternative Medicine A 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 WellSpace Treatment Centers for Complementary and Alternative Medicine A starts selling patented products before the patents expire.
- The distribution network of WellSpace Treatment Centers for Complementary and Alternative Medicine A is organised as identified by the VRIO Analysis of WellSpace Treatment Centers for Complementary and Alternative Medicine A. WellSpace Treatment Centers for Complementary and Alternative Medicine A 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 WellSpace Treatment Centers for Complementary and Alternative Medicine A.
From the VRIO Analysis of WellSpace Treatment Centers for Complementary and Alternative Medicine A, 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 WellSpace Treatment Centers for Complementary and Alternative Medicine A 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.
Callie Grace
5.0
I was afraid that maybe this service would provide me with an incompetent paper with low cost but it proved me wrong and supplied a document that I didn't accept. Thank you!
Deanna Nicholas
5.0
I was depressed with the continual revision of the dissertation. Finally, I got help from this service and overcome the tensions. Thanks a lot!
Harry Andrew
5.0
This service is the only affordable service which I have hired so far. Thank you so much!
Logan Jayden
5.0
I wrote a draft of the paper and appointed this service for the modification. When I received the edited paper, I was stunned because the project that I wrote was brimmed up with errors. Thank you for your exceptional traits!
Next Articles
- Pitney Bowes: Employer Health Strategy Vrio Analysis
- Pharma Technologies Inc. Vrio Analysis
- Radiology Management Sciences Vrio Analysis
- LifeSpring Hospitals: Delivering Affordable, High Quality Maternal Health Care In India Vrio Analysis
- A Strategic Risk Approach To Knowledge Management Vrio Analysis
- Mobile C.A.R.E. Vrio Analysis
- Intraoperative Radiotherapy For Breast Cancer (A) Vrio Analysis
- DeCODE Genetics: Hunting For Genes To Develop Drugs Vrio Analysis
- Dr. Mak Lap Ming Vrio Analysis
- Profamilia: Planning To Survive Vrio Analysis
Previous Articles
- Natura Ekos: From The Forest To Cajamar, Spanish Version Vrio Analysis
- Bayer In India: Intellectual Property Expropriation? Vrio Analysis
- Mt. Auburn Hospital Vrio Analysis
- Hillside Hospital: Physician Led Planning (Part B) Vrio Analysis
- Laastari: Building A Retail Health Clinic Chain Vrio Analysis
- Philips Visicu Vrio Analysis
- Diagnostic Genomics Vrio Analysis
- Sunrise Medical In 1999 Vrio Analysis
- Philips Medical Systems In 2005 Vrio Analysis
- Health Resources & Technology 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!