- 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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care 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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care VRIO Analysis shows that the financial resources of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care are highly valuable as these help in investing into external opportunities that arise. These also help Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care in combating external threats.
- According to the VRIO Analysis of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care, 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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care VRIO Analysis shows that Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care'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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care's products.
- According to the VRIO Analysis of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care. These patents also provide Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care with licensing revenue when it licenses these patents out to other manufacturers.
- The Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care VRIO Analysis shows that Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care, 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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care VRIO Analysis shows that the research and development at Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care 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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care are found to be rare according to the VRIO Analysis of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care. 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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care 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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care and inhibit competitive advantage. This means that the local food products result in competitive parity for Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care. As this resource is valuable, Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care can still make use of this resource.
- The employees of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care are a rare resource as identified by the VRIO Analysis of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care. 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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care are a rare resource as identified by the Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care to use them without interference from the competition.
- The distribution network of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care is a rare resource as identified by the VRIO Analysis of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care are costly to imitate as identified by the Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care 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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care. 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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care are also not costly to imitate as identified by the Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care are very difficult to imitate as identified by the VRIO Analysis of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care. 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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care is also very costly to imitate by competition as identified by the Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care VRIO Analysis. This has been developed over the years gradually by Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care are organised to capture value as identified by the VRIO Analysis of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care. 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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care.
- The Patents of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care are not well organised as identified by the Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care 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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care starts selling patented products before the patents expire.
- The distribution network of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care is organised as identified by the VRIO Analysis of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care. Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care 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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care.
From the VRIO Analysis of Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care, 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 Alberta Hip and Knee Replacement Pilot Project Changing the Provincial Model of Hip and Knee Care 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.
Mason Steven
5.0
Great writer!
Zoin Ma
5.0
The support team is the best means always on time. I'm also beholden for the decent behavior of the expert.
Remi Yassin
5.0
The assignment that I submitted was highly appreciated by my teacher. This service is to be trusted. Thanks a lot!
Isabella Bradley
5.0
This assignment writing service will provide you whatever you need to get in an impressive paper at affordable prices. So, hire it and boost your grades.
Next Articles
- Olympic Group Acquisition Of IDEAL Vrio Analysis
- Indian And Northern Affairs Canada The New Horizon Farms Dilemma Vrio Analysis
- Risky Trust: How Teams Build Trust Despite High Risk Vrio Analysis
- The Book Of Bad Arguments Vrio Analysis
- Introduction To Ethics: The Language Of Ethics For Managers Vrio Analysis
- CDW Corp. 2002 Vrio Analysis
- NESWC (C) Vrio Analysis
- Tampa General Hospital: The Politics Of Privatization Vrio Analysis
- CCL Industries Inc.: Building And Maintaining An Effective Board Vrio Analysis
- RPG Enterprises 1995 Vrio Analysis
Previous Articles
- The Principles Of Networking Vrio Analysis
- Webasto: Co Creating Innovation With Lead Users Vrio Analysis
- Enerplus Corporation: Assessing The Board Invitation Vrio Analysis
- The Flattened Firm: Not As Advertised Vrio Analysis
- AmTran Technology Ltd. Vrio Analysis
- How To Change An Organization Without Blowing It Up Vrio Analysis
- NeuroLeadership 101: An Interview With David Rock Vrio Analysis
- Governance And Sustainability At Nike (B) Vrio Analysis
- Thought Leader Interview: Daniel Goleman Vrio Analysis
- LVMH Moët Hennessy Louis Vuitton: A Personal Career Destination 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!