- 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 Chef Davide Oldani and Ristorante D O
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Chef Davide Oldani and Ristorante D O will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Chef Davide Oldani and Ristorante D O 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 Chef Davide Oldani and Ristorante D O VRIO Analysis shows that the financial resources of Chef Davide Oldani and Ristorante D O are highly valuable as these help in investing into external opportunities that arise. These also help Chef Davide Oldani and Ristorante D O in combating external threats.
- According to the VRIO Analysis of Chef Davide Oldani and Ristorante D O, 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 Chef Davide Oldani and Ristorante D O VRIO Analysis shows that Chef Davide Oldani and Ristorante D O'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 Chef Davide Oldani and Ristorante D O's products.
- According to the VRIO Analysis of Chef Davide Oldani and Ristorante D O, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Chef Davide Oldani and Ristorante D O. These patents also provide Chef Davide Oldani and Ristorante D O with licensing revenue when it licenses these patents out to other manufacturers.
- The Chef Davide Oldani and Ristorante D O VRIO Analysis shows that Chef Davide Oldani and Ristorante D O’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Chef Davide Oldani and Ristorante D O. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Chef Davide Oldani and Ristorante D O, 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 Chef Davide Oldani and Ristorante D O VRIO Analysis shows that the research and development at Chef Davide Oldani and Ristorante D O 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 Chef Davide Oldani and Ristorante D O. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Chef Davide Oldani and Ristorante D O are found to be rare according to the VRIO Analysis of Chef Davide Oldani and Ristorante D O. 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 Chef Davide Oldani and Ristorante D O 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 Chef Davide Oldani and Ristorante D O and inhibit competitive advantage. This means that the local food products result in competitive parity for Chef Davide Oldani and Ristorante D O. As this resource is valuable, Chef Davide Oldani and Ristorante D O can still make use of this resource.
- The employees of Chef Davide Oldani and Ristorante D O are a rare resource as identified by the VRIO Analysis of Chef Davide Oldani and Ristorante D O. 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 Chef Davide Oldani and Ristorante D O are a rare resource as identified by the Chef Davide Oldani and Ristorante D O VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Chef Davide Oldani and Ristorante D O to use them without interference from the competition.
- The distribution network of Chef Davide Oldani and Ristorante D O is a rare resource as identified by the VRIO Analysis of Chef Davide Oldani and Ristorante D O. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Chef Davide Oldani and Ristorante D O. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Chef Davide Oldani and Ristorante D O are costly to imitate as identified by the Chef Davide Oldani and Ristorante D O 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 Chef Davide Oldani and Ristorante D O. 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 Chef Davide Oldani and Ristorante D O provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Chef Davide Oldani and Ristorante D O are also not costly to imitate as identified by the Chef Davide Oldani and Ristorante D O VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Chef Davide Oldani and Ristorante D O by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Chef Davide Oldani and Ristorante D O a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Chef Davide Oldani and Ristorante D O are very difficult to imitate as identified by the VRIO Analysis of Chef Davide Oldani and Ristorante D O. 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 Chef Davide Oldani and Ristorante D O is also very costly to imitate by competition as identified by the Chef Davide Oldani and Ristorante D O VRIO Analysis. This has been developed over the years gradually by Chef Davide Oldani and Ristorante D O. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Chef Davide Oldani and Ristorante D O are organised to capture value as identified by the VRIO Analysis of Chef Davide Oldani and Ristorante D O. 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 Chef Davide Oldani and Ristorante D O.
- The Patents of Chef Davide Oldani and Ristorante D O are not well organised as identified by the Chef Davide Oldani and Ristorante D O 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 Chef Davide Oldani and Ristorante D O starts selling patented products before the patents expire.
- The distribution network of Chef Davide Oldani and Ristorante D O is organised as identified by the VRIO Analysis of Chef Davide Oldani and Ristorante D O. Chef Davide Oldani and Ristorante D O 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 Chef Davide Oldani and Ristorante D O.
From the VRIO Analysis of Chef Davide Oldani and Ristorante D O, 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 Chef Davide Oldani and Ristorante D O 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.
Laura Faynn
5.0
Thank you expert, for a marvelous dissertation. Great man! I’m so happy with my result.
Atiya Hamza
5.0
The submitted file to the teacher obtained a great score. Recommended for Entrepreneurship!
Xing Gong
5.0
The customer support was very supportive and I got the highest grades due to the submission of the assignment on time. Thank you!
Wang Fang
5.0
Cooperative guys who really care about their customers. I like their way of concerning about students' grades!
Next Articles
- NYPD New Vrio Analysis
- Group Process In The Challenger Launch Decision (A) Vrio Analysis
- Commercialization At The Garvan Institute For Medical Research (A) Vrio Analysis
- Turnaround At The Veterans Health Administration (A), Chinese Version Vrio Analysis
- Mission To Mars (A) Vrio Analysis
- Waterloo Regional Police Services: Reassessing The CIMS Project Vrio Analysis
- Enterprise Resource Planning Software Ongoing Maintenance Cost Benefit Analysis Vrio Analysis
- Bell Atlantic And The Union City Schools (A): The Intelligent Network Vrio Analysis
- Solagen: Process Improvement In The Manufacture Of Gelatin At Kodak Vrio Analysis
- Waterloo Regional Police Services: The CIMS Project (B) Vrio Analysis
Previous Articles
- Bacardi Southampton (C): The German Paragon Vrio Analysis
- Mars Inc.: Online Procurement Vrio Analysis
- Kristen's Cookie Co. (A) (Abridged) Vrio Analysis
- Numico (A): Delivering Innovation Through The Supply Chain Vrio Analysis
- Frito Lay, Inc.: A Strategic Transition (C) Vrio Analysis
- Mattson Foods, Inc.: The Bardolini Division Vrio Analysis
- Wholesale Fish Marketing In Hong Kong Vrio Analysis
- Dairy Farm Group: Redesign Of Business Systems And Processes Vrio Analysis
- SIG Beverages (B) Vrio Analysis
- Dragon's Teeth Vineyards 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!