- 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 Allianz Turkey Focus on the Customer B
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Allianz Turkey Focus on the Customer B will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer B VRIO Analysis shows that the financial resources of Allianz Turkey Focus on the Customer B are highly valuable as these help in investing into external opportunities that arise. These also help Allianz Turkey Focus on the Customer B in combating external threats.
- According to the VRIO Analysis of Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer B VRIO Analysis shows that Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer B's products.
- According to the VRIO Analysis of Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer B. These patents also provide Allianz Turkey Focus on the Customer B with licensing revenue when it licenses these patents out to other manufacturers.
- The Allianz Turkey Focus on the Customer B VRIO Analysis shows that Allianz Turkey Focus on the Customer B’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Allianz Turkey Focus on the Customer B. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer B VRIO Analysis shows that the research and development at Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer B. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Allianz Turkey Focus on the Customer B are found to be rare according to the VRIO Analysis of Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer B and inhibit competitive advantage. This means that the local food products result in competitive parity for Allianz Turkey Focus on the Customer B. As this resource is valuable, Allianz Turkey Focus on the Customer B can still make use of this resource.
- The employees of Allianz Turkey Focus on the Customer B are a rare resource as identified by the VRIO Analysis of Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer B are a rare resource as identified by the Allianz Turkey Focus on the Customer B VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Allianz Turkey Focus on the Customer B to use them without interference from the competition.
- The distribution network of Allianz Turkey Focus on the Customer B is a rare resource as identified by the VRIO Analysis of Allianz Turkey Focus on the Customer B. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Allianz Turkey Focus on the Customer B. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Allianz Turkey Focus on the Customer B are costly to imitate as identified by the Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer B provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Allianz Turkey Focus on the Customer B are also not costly to imitate as identified by the Allianz Turkey Focus on the Customer B VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Allianz Turkey Focus on the Customer B by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Allianz Turkey Focus on the Customer B a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Allianz Turkey Focus on the Customer B are very difficult to imitate as identified by the VRIO Analysis of Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer B is also very costly to imitate by competition as identified by the Allianz Turkey Focus on the Customer B VRIO Analysis. This has been developed over the years gradually by Allianz Turkey Focus on the Customer B. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Allianz Turkey Focus on the Customer B are organised to capture value as identified by the VRIO Analysis of Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer B.
- The Patents of Allianz Turkey Focus on the Customer B are not well organised as identified by the Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer B starts selling patented products before the patents expire.
- The distribution network of Allianz Turkey Focus on the Customer B is organised as identified by the VRIO Analysis of Allianz Turkey Focus on the Customer B. Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer B.
From the VRIO Analysis of Allianz Turkey Focus on the Customer 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 Allianz Turkey Focus on the Customer 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.
Ali Kamal
5.0
I am a painter and a student too. Whenever I get any tough assignment and don’t want to write it. I get the aid of this service and manage the job.
Stefan Johan
5.0
The expert washed all my worries and threw my fear of the low CGPA in the skip. Thank you for providing me what I was looking for!
Fanni Mark
5.0
This service allowed me to converse with the expert personally. I liked the way the writer modified the paper. Thanks!
Liam Wang
4.0
They did the work within the specified time and I'm genuinely impressed. Thank you!
Next Articles
- BlackRock (A): Selling The Systems? Vrio Analysis
- Bandhan (A): Advancing Financial Inclusion In India Vrio Analysis
- Allianz Turkey: Focus On The Customer (A) Vrio Analysis
- Compte Nickel: Creating New Demand In The Retail Banking Sector Vrio Analysis
- Hefei Xingtai Financial Holding Group: Risk Management Vrio Analysis
- President's Choice Financial Vrio Analysis
- Canara Bank Turnaround Vrio Analysis
- Generali: Paving The Way For CEE Expansion Vrio Analysis
- Bandhan (B): Sustainable Banking In India Vrio Analysis
- Bank Of America: Consumers Fight Back Vrio Analysis
Previous Articles
- Oxigen: Nurturing The Mobile Payment Ecosystem In India Vrio Analysis
- Banco De Credito Del Peru: Agente BCP Strategy Channeling Or Channel Segmentation?, Spanish Version Vrio Analysis
- M Changa: Leveraging Kenya's Mobile Money Market For Community Fundraising Vrio Analysis
- PayTrue Solutions Vrio Analysis
- The Inexorable Rise Of Walmart? 1988 2016 Vrio Analysis
- What's In A Family Legacy? Balancing Family Emotions And Business Growth At Luse Holdings Vrio Analysis
- Danaher Corporation: The Hach SL1000 Portable Parallel Water Analyzer Vrio Analysis
- Dutch Natural Gas And The Groningen Field: The Creation Of A New Industry Vrio Analysis
- Evading The Death Spiral: Minnesota's Value Of Solar Tariff Vrio Analysis
- Pioneer Energy In Turkmenistan: The View From Headquarters (B) 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!