VRIO Analysis of Language and the Melting Pot Florida s 1988 Official English Referendum

Posted by Zachary Edwards on Mar-22-2018

The VRIO Analysis of Language and the Melting Pot Florida s 1988 Official English Referendum will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Language and the Melting Pot Florida s 1988 Official English Referendum 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 Language and the Melting Pot Florida s 1988 Official English Referendum VRIO Analysis shows that the financial resources of Language and the Melting Pot Florida s 1988 Official English Referendum are highly valuable as these help in investing into external opportunities that arise. These also help Language and the Melting Pot Florida s 1988 Official English Referendum in combating external threats.
• According to the VRIO Analysis of Language and the Melting Pot Florida s 1988 Official English Referendum, 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 Language and the Melting Pot Florida s 1988 Official English Referendum VRIO Analysis shows that Language and the Melting Pot Florida s 1988 Official English Referendum'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 Language and the Melting Pot Florida s 1988 Official English Referendum's products.
• According to the VRIO Analysis of Language and the Melting Pot Florida s 1988 Official English Referendum, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Language and the Melting Pot Florida s 1988 Official English Referendum. These patents also provide Language and the Melting Pot Florida s 1988 Official English Referendum with licensing revenue when it licenses these patents out to other manufacturers.
• The Language and the Melting Pot Florida s 1988 Official English Referendum VRIO Analysis shows that Language and the Melting Pot Florida s 1988 Official English Referendum’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Language and the Melting Pot Florida s 1988 Official English Referendum. It also ensures that promotion activities translate into sales as the products are easily available.
• According to the VRIO Analysis of Language and the Melting Pot Florida s 1988 Official English Referendum, 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 Language and the Melting Pot Florida s 1988 Official English Referendum VRIO Analysis shows that the research and development at Language and the Melting Pot Florida s 1988 Official English Referendum 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 Language and the Melting Pot Florida s 1988 Official English Referendum. It is recommended that the research and development teams are improved, and costs are cut for these.

Rare

• The financial resources of Language and the Melting Pot Florida s 1988 Official English Referendum are found to be rare according to the VRIO Analysis of Language and the Melting Pot Florida s 1988 Official English Referendum. 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 Language and the Melting Pot Florida s 1988 Official English Referendum 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 Language and the Melting Pot Florida s 1988 Official English Referendum and inhibit competitive advantage. This means that the local food products result in competitive parity for Language and the Melting Pot Florida s 1988 Official English Referendum. As this resource is valuable, Language and the Melting Pot Florida s 1988 Official English Referendum can still make use of this resource.
• The employees of Language and the Melting Pot Florida s 1988 Official English Referendum are a rare resource as identified by the VRIO Analysis of Language and the Melting Pot Florida s 1988 Official English Referendum. 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 Language and the Melting Pot Florida s 1988 Official English Referendum are a rare resource as identified by the Language and the Melting Pot Florida s 1988 Official English Referendum VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Language and the Melting Pot Florida s 1988 Official English Referendum to use them without interference from the competition.
• The distribution network of Language and the Melting Pot Florida s 1988 Official English Referendum is a rare resource as identified by the VRIO Analysis of Language and the Melting Pot Florida s 1988 Official English Referendum. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Language and the Melting Pot Florida s 1988 Official English Referendum. These are also possessed by very few firms in the industry.

Imitable

• The financial resources of Language and the Melting Pot Florida s 1988 Official English Referendum are costly to imitate as identified by the Language and the Melting Pot Florida s 1988 Official English Referendum 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 Language and the Melting Pot Florida s 1988 Official English Referendum. 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 Language and the Melting Pot Florida s 1988 Official English Referendum provide it with a temporary competitive advantage that competitors can too acquire in the long run.
• The employees of Language and the Melting Pot Florida s 1988 Official English Referendum are also not costly to imitate as identified by the Language and the Melting Pot Florida s 1988 Official English Referendum VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Language and the Melting Pot Florida s 1988 Official English Referendum by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Language and the Melting Pot Florida s 1988 Official English Referendum a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
• The patents of Language and the Melting Pot Florida s 1988 Official English Referendum are very difficult to imitate as identified by the VRIO Analysis of Language and the Melting Pot Florida s 1988 Official English Referendum. 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 Language and the Melting Pot Florida s 1988 Official English Referendum is also very costly to imitate by competition as identified by the Language and the Melting Pot Florida s 1988 Official English Referendum VRIO Analysis. This has been developed over the years gradually by Language and the Melting Pot Florida s 1988 Official English Referendum. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.

Organisation

• The financial resources of Language and the Melting Pot Florida s 1988 Official English Referendum are organised to capture value as identified by the VRIO Analysis of Language and the Melting Pot Florida s 1988 Official English Referendum. 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 Language and the Melting Pot Florida s 1988 Official English Referendum.
• The Patents of Language and the Melting Pot Florida s 1988 Official English Referendum are not well organised as identified by the Language and the Melting Pot Florida s 1988 Official English Referendum 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 Language and the Melting Pot Florida s 1988 Official English Referendum starts selling patented products before the patents expire.
• The distribution network of Language and the Melting Pot Florida s 1988 Official English Referendum is organised as identified by the VRIO Analysis of Language and the Melting Pot Florida s 1988 Official English Referendum. Language and the Melting Pot Florida s 1988 Official English Referendum 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 Language and the Melting Pot Florida s 1988 Official English Referendum.

From the VRIO Analysis of Language and the Melting Pot Florida s 1988 Official English Referendum, 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 Language and the Melting Pot Florida s 1988 Official English Referendum is a competitive disadvantage. Research and Development is also a competitive disadvantage.