- 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 Humana s Bold Goal 20 Percent Healthier by 2020
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Humana s Bold Goal 20 Percent Healthier by 2020 will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Humana s Bold Goal 20 Percent Healthier by 2020 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 Humana s Bold Goal 20 Percent Healthier by 2020 VRIO Analysis shows that the financial resources of Humana s Bold Goal 20 Percent Healthier by 2020 are highly valuable as these help in investing into external opportunities that arise. These also help Humana s Bold Goal 20 Percent Healthier by 2020 in combating external threats.
- According to the VRIO Analysis of Humana s Bold Goal 20 Percent Healthier by 2020, 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 Humana s Bold Goal 20 Percent Healthier by 2020 VRIO Analysis shows that Humana s Bold Goal 20 Percent Healthier by 2020'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 Humana s Bold Goal 20 Percent Healthier by 2020's products.
- According to the VRIO Analysis of Humana s Bold Goal 20 Percent Healthier by 2020, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Humana s Bold Goal 20 Percent Healthier by 2020. These patents also provide Humana s Bold Goal 20 Percent Healthier by 2020 with licensing revenue when it licenses these patents out to other manufacturers.
- The Humana s Bold Goal 20 Percent Healthier by 2020 VRIO Analysis shows that Humana s Bold Goal 20 Percent Healthier by 2020’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Humana s Bold Goal 20 Percent Healthier by 2020. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Humana s Bold Goal 20 Percent Healthier by 2020, 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 Humana s Bold Goal 20 Percent Healthier by 2020 VRIO Analysis shows that the research and development at Humana s Bold Goal 20 Percent Healthier by 2020 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 Humana s Bold Goal 20 Percent Healthier by 2020. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Humana s Bold Goal 20 Percent Healthier by 2020 are found to be rare according to the VRIO Analysis of Humana s Bold Goal 20 Percent Healthier by 2020. 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 Humana s Bold Goal 20 Percent Healthier by 2020 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 Humana s Bold Goal 20 Percent Healthier by 2020 and inhibit competitive advantage. This means that the local food products result in competitive parity for Humana s Bold Goal 20 Percent Healthier by 2020. As this resource is valuable, Humana s Bold Goal 20 Percent Healthier by 2020 can still make use of this resource.
- The employees of Humana s Bold Goal 20 Percent Healthier by 2020 are a rare resource as identified by the VRIO Analysis of Humana s Bold Goal 20 Percent Healthier by 2020. 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 Humana s Bold Goal 20 Percent Healthier by 2020 are a rare resource as identified by the Humana s Bold Goal 20 Percent Healthier by 2020 VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Humana s Bold Goal 20 Percent Healthier by 2020 to use them without interference from the competition.
- The distribution network of Humana s Bold Goal 20 Percent Healthier by 2020 is a rare resource as identified by the VRIO Analysis of Humana s Bold Goal 20 Percent Healthier by 2020. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Humana s Bold Goal 20 Percent Healthier by 2020. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Humana s Bold Goal 20 Percent Healthier by 2020 are costly to imitate as identified by the Humana s Bold Goal 20 Percent Healthier by 2020 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 Humana s Bold Goal 20 Percent Healthier by 2020. 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 Humana s Bold Goal 20 Percent Healthier by 2020 provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Humana s Bold Goal 20 Percent Healthier by 2020 are also not costly to imitate as identified by the Humana s Bold Goal 20 Percent Healthier by 2020 VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Humana s Bold Goal 20 Percent Healthier by 2020 by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Humana s Bold Goal 20 Percent Healthier by 2020 a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Humana s Bold Goal 20 Percent Healthier by 2020 are very difficult to imitate as identified by the VRIO Analysis of Humana s Bold Goal 20 Percent Healthier by 2020. 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 Humana s Bold Goal 20 Percent Healthier by 2020 is also very costly to imitate by competition as identified by the Humana s Bold Goal 20 Percent Healthier by 2020 VRIO Analysis. This has been developed over the years gradually by Humana s Bold Goal 20 Percent Healthier by 2020. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Humana s Bold Goal 20 Percent Healthier by 2020 are organised to capture value as identified by the VRIO Analysis of Humana s Bold Goal 20 Percent Healthier by 2020. 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 Humana s Bold Goal 20 Percent Healthier by 2020.
- The Patents of Humana s Bold Goal 20 Percent Healthier by 2020 are not well organised as identified by the Humana s Bold Goal 20 Percent Healthier by 2020 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 Humana s Bold Goal 20 Percent Healthier by 2020 starts selling patented products before the patents expire.
- The distribution network of Humana s Bold Goal 20 Percent Healthier by 2020 is organised as identified by the VRIO Analysis of Humana s Bold Goal 20 Percent Healthier by 2020. Humana s Bold Goal 20 Percent Healthier by 2020 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 Humana s Bold Goal 20 Percent Healthier by 2020.
From the VRIO Analysis of Humana s Bold Goal 20 Percent Healthier by 2020, 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 Humana s Bold Goal 20 Percent Healthier by 2020 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.
Cindy Kong
4.0
There were two or three tough concepts of economics that were hard for me to sort out. The expert resolved the problem and helped me out to carry out the academics without hurdle.
Doris La
5.0
Like the interaction that I had with the expert. The assignment has all valid points and covered all areas that I required for it. Much thanks!
Hi Zehao
5.0
The writer put much effort and formulated the assignment after the full understanding of the topic. Thank you!
Remi Yassin
5.0
The assignment that I submitted was highly appreciated by my teacher. This service is to be trusted. Thanks a lot!
Next Articles
- Apollo Gleneagles Hospitals: The Next Steps For Growth Vrio Analysis
- Kamla Nehru Memorial Hospital: Which Way Forward? Vrio Analysis
- Employee Health Vrio Analysis
- McDonald's Corporation Vrio Analysis
- ID Fresh: The Way Forward Vrio Analysis
- Nestlé And Totole: A Foreign Invested Enterprise In China Vrio Analysis
- Atera NYC (C): New Leadership In The Cuisine Vrio Analysis
- Disintermediation In Two Sided Marketplaces Vrio Analysis
- Atera NYC (A): Turbulent Times In The Kitchen Vrio Analysis
- JMD Oils: Deciding On A Growth Strategy Vrio Analysis
Previous Articles
- Thought Leader Interview: Dr. Eric Topol Vrio Analysis
- Leader Healthcare: Deciding On A Growth Strategy Vrio Analysis
- AyurVAID: Grandma's Remedies Or Blue Ocean Strategy Vrio Analysis
- Tiger Balm: Internationalization And Product Extension Vrio Analysis
- Reorganising Health Care Delivery Through A Value Based Approach Vrio Analysis
- Pfizer: Environmental And Business Benefits Of Green Chemistry Vrio Analysis
- Strategic Decision Making In Healthcare Organizations Vrio Analysis
- Innovating By The Book: The Introduction Of Innovation Teams In Memphis And New Orleans Vrio Analysis
- Moshe Kahlon: Telecommunications Reform And Competition In Israel's Cellular Market (B) Vrio Analysis
- SHOP Until You Drop 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!