- 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 NakedWines com - Disrupting the Wine Industry
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of NakedWines com - Disrupting the Wine Industry will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The NakedWines com - Disrupting the Wine Industry 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 NakedWines com - Disrupting the Wine Industry VRIO Analysis shows that the financial resources of NakedWines com - Disrupting the Wine Industry are highly valuable as these help in investing into external opportunities that arise. These also help NakedWines com - Disrupting the Wine Industry in combating external threats.
- According to the VRIO Analysis of NakedWines com - Disrupting the Wine Industry, 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 NakedWines com - Disrupting the Wine Industry VRIO Analysis shows that NakedWines com - Disrupting the Wine Industry'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 NakedWines com - Disrupting the Wine Industry's products.
- According to the VRIO Analysis of NakedWines com - Disrupting the Wine Industry, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for NakedWines com - Disrupting the Wine Industry. These patents also provide NakedWines com - Disrupting the Wine Industry with licensing revenue when it licenses these patents out to other manufacturers.
- The NakedWines com - Disrupting the Wine Industry VRIO Analysis shows that NakedWines com - Disrupting the Wine Industry’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for NakedWines com - Disrupting the Wine Industry. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of NakedWines com - Disrupting the Wine Industry, 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 NakedWines com - Disrupting the Wine Industry VRIO Analysis shows that the research and development at NakedWines com - Disrupting the Wine Industry 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 NakedWines com - Disrupting the Wine Industry. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of NakedWines com - Disrupting the Wine Industry are found to be rare according to the VRIO Analysis of NakedWines com - Disrupting the Wine Industry. 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 NakedWines com - Disrupting the Wine Industry 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 NakedWines com - Disrupting the Wine Industry and inhibit competitive advantage. This means that the local food products result in competitive parity for NakedWines com - Disrupting the Wine Industry. As this resource is valuable, NakedWines com - Disrupting the Wine Industry can still make use of this resource.
- The employees of NakedWines com - Disrupting the Wine Industry are a rare resource as identified by the VRIO Analysis of NakedWines com - Disrupting the Wine Industry. 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 NakedWines com - Disrupting the Wine Industry are a rare resource as identified by the NakedWines com - Disrupting the Wine Industry VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows NakedWines com - Disrupting the Wine Industry to use them without interference from the competition.
- The distribution network of NakedWines com - Disrupting the Wine Industry is a rare resource as identified by the VRIO Analysis of NakedWines com - Disrupting the Wine Industry. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of NakedWines com - Disrupting the Wine Industry. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of NakedWines com - Disrupting the Wine Industry are costly to imitate as identified by the NakedWines com - Disrupting the Wine Industry 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 NakedWines com - Disrupting the Wine Industry. 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 NakedWines com - Disrupting the Wine Industry provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of NakedWines com - Disrupting the Wine Industry are also not costly to imitate as identified by the NakedWines com - Disrupting the Wine Industry VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from NakedWines com - Disrupting the Wine Industry by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of NakedWines com - Disrupting the Wine Industry a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of NakedWines com - Disrupting the Wine Industry are very difficult to imitate as identified by the VRIO Analysis of NakedWines com - Disrupting the Wine Industry. 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 NakedWines com - Disrupting the Wine Industry is also very costly to imitate by competition as identified by the NakedWines com - Disrupting the Wine Industry VRIO Analysis. This has been developed over the years gradually by NakedWines com - Disrupting the Wine Industry. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of NakedWines com - Disrupting the Wine Industry are organised to capture value as identified by the VRIO Analysis of NakedWines com - Disrupting the Wine Industry. 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 NakedWines com - Disrupting the Wine Industry.
- The Patents of NakedWines com - Disrupting the Wine Industry are not well organised as identified by the NakedWines com - Disrupting the Wine Industry 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 NakedWines com - Disrupting the Wine Industry starts selling patented products before the patents expire.
- The distribution network of NakedWines com - Disrupting the Wine Industry is organised as identified by the VRIO Analysis of NakedWines com - Disrupting the Wine Industry. NakedWines com - Disrupting the Wine Industry 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 NakedWines com - Disrupting the Wine Industry.
From the VRIO Analysis of NakedWines com - Disrupting the Wine Industry, 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 NakedWines com - Disrupting the Wine Industry 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.
Samuel Dylan
5.0
Samuel Dylan I’m posting one more review here because I want to say thanks a lot!
Diego Casey
4.0
Basically, my PPT Presentation is alright but found an issue in color-combination. I made it change and delivered to the teacher.
Hudson Jasper
5.0
Submitted them the assignment for formatting. The writer excellently did the job. I can think of using this service for the dissertation. Thank you so much!
Chen
5.0
Nicely designed!
Next Articles
- Bavaria: Brewing With Local Roots And Global Ambitions Vrio Analysis
- Creating Business Value: Arcor Group And Sustainability, Epilogue Vrio Analysis
- Uber And Stakeholders: Managing A New Way Of Riding Vrio Analysis
- Uber In China: Driving In The Gray Zone Vrio Analysis
- The On Demand Economy Vrio Analysis
- Management Costs At CHIP: A Way Forward For A Pakistani NGO Vrio Analysis
- Cembrit Holding A/S: At A Crossroads Vrio Analysis
- United Way: Taking A Public Stance On A Controversial Issue Vrio Analysis
- Cannabusiness In Washington D.C. Vrio Analysis
- Telesat Canada Vrio Analysis
Previous Articles
- What's Your Beef? Babbitt Ranches' Grass Fed Beef Vrio Analysis
- Kingston Family Vineyards Vrio Analysis
- Recycling At Keurig Green Mountain: A Brewing Problem Vrio Analysis
- Creating Business Value: Arcor Group And Sustainability, Spanish Version Vrio Analysis
- Nespresso: How To Protect Your Brand From Social Media Attacks Vrio Analysis
- Nestlé Ice Cream In Cuba Vrio Analysis
- Food Donation Connection: Profitably Scaling Food Waste Reduction Vrio Analysis
- Hilmann Reinier: Coke's Coffee Challenge In China Vrio Analysis
- General Mills Commits To Sourcing 100% Sustainable Cocoa Vrio Analysis
- Nix And Uruguay's Soft Drink Industry, Spanish Version 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!