- 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 Dental Associates of Northern Virginia B
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Dental Associates of Northern Virginia B will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Dental Associates of Northern Virginia B 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 Dental Associates of Northern Virginia B VRIO Analysis shows that the financial resources of Dental Associates of Northern Virginia B are highly valuable as these help in investing into external opportunities that arise. These also help Dental Associates of Northern Virginia B in combating external threats.
- According to the VRIO Analysis of Dental Associates of Northern Virginia B, 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 Dental Associates of Northern Virginia B VRIO Analysis shows that Dental Associates of Northern Virginia B'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 Dental Associates of Northern Virginia B's products.
- According to the VRIO Analysis of Dental Associates of Northern Virginia B, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Dental Associates of Northern Virginia B. These patents also provide Dental Associates of Northern Virginia B with licensing revenue when it licenses these patents out to other manufacturers.
- The Dental Associates of Northern Virginia B VRIO Analysis shows that Dental Associates of Northern Virginia B’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Dental Associates of Northern Virginia B. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Dental Associates of Northern Virginia B, 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 Dental Associates of Northern Virginia B VRIO Analysis shows that the research and development at Dental Associates of Northern Virginia B 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 Dental Associates of Northern Virginia B. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Dental Associates of Northern Virginia B are found to be rare according to the VRIO Analysis of Dental Associates of Northern Virginia B. 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 Dental Associates of Northern Virginia B 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 Dental Associates of Northern Virginia B and inhibit competitive advantage. This means that the local food products result in competitive parity for Dental Associates of Northern Virginia B. As this resource is valuable, Dental Associates of Northern Virginia B can still make use of this resource.
- The employees of Dental Associates of Northern Virginia B are a rare resource as identified by the VRIO Analysis of Dental Associates of Northern Virginia B. 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 Dental Associates of Northern Virginia B are a rare resource as identified by the Dental Associates of Northern Virginia B VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Dental Associates of Northern Virginia B to use them without interference from the competition.
- The distribution network of Dental Associates of Northern Virginia B is a rare resource as identified by the VRIO Analysis of Dental Associates of Northern Virginia B. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Dental Associates of Northern Virginia B. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Dental Associates of Northern Virginia B are costly to imitate as identified by the Dental Associates of Northern Virginia B 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 Dental Associates of Northern Virginia B. 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 Dental Associates of Northern Virginia B provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Dental Associates of Northern Virginia B are also not costly to imitate as identified by the Dental Associates of Northern Virginia B VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Dental Associates of Northern Virginia B by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Dental Associates of Northern Virginia B a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Dental Associates of Northern Virginia B are very difficult to imitate as identified by the VRIO Analysis of Dental Associates of Northern Virginia B. 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 Dental Associates of Northern Virginia B is also very costly to imitate by competition as identified by the Dental Associates of Northern Virginia B VRIO Analysis. This has been developed over the years gradually by Dental Associates of Northern Virginia B. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Dental Associates of Northern Virginia B are organised to capture value as identified by the VRIO Analysis of Dental Associates of Northern Virginia B. 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 Dental Associates of Northern Virginia B.
- The Patents of Dental Associates of Northern Virginia B are not well organised as identified by the Dental Associates of Northern Virginia B 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 Dental Associates of Northern Virginia B starts selling patented products before the patents expire.
- The distribution network of Dental Associates of Northern Virginia B is organised as identified by the VRIO Analysis of Dental Associates of Northern Virginia B. Dental Associates of Northern Virginia B 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 Dental Associates of Northern Virginia B.
From the VRIO Analysis of Dental Associates of Northern Virginia B, 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 Dental Associates of Northern Virginia B 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.
Caleb Eliot
5.0
Undoubtedly, first-class service!
Peng Huizhong
4.0
The software underlined the 0% similarity in the document. Though I called them for the revision and they were very fast with it. Thanks a lot!
Danis Kurt
5.0
The document was written in keeping with my instructions. I didn’t call this service for the revision. Thanks a lot!
Isabella Ethan
5.0
The paper that I received from this paper writing service was really good. Highly Recommended!
Next Articles
- The Ritz Carlton Hotel Company: The Quest For Service Excellence Vrio Analysis
- Porcini's Pronto: "Great Italian Cuisine Without The Wait!" Vrio Analysis
- Ritz Carlton Hotel Co. Vrio Analysis
- Four Seasons Goes To Paris: Vrio Analysis
- Business Intelligence Software At SYSCO Vrio Analysis
- Ritz Carlton: Using Information Systems To Better Serve The Customer, Spanish Version Vrio Analysis
- Four Seasons Hotels And Resorts Vrio Analysis
- Kimpton Hotels Setting Prices On Priceline (C ) Vrio Analysis
- WrapItUp: Developing A New Compensation Plan, Spanish Version Vrio Analysis
- Taco Bell Corp. (Abridged Update) Vrio Analysis
Previous Articles
- Four Principles Of Biomedical Ethics: Definitions And Examples Vrio Analysis
- Boston Medical Group Vrio Analysis
- Sof Optics, Inc. (A) Vrio Analysis
- Partners HealthCare System, Inc. (B): Cardiac Care Improvement Vrio Analysis
- Information Technology And Clinical Operations At Beth Israel Deaconess Medical Center Vrio Analysis
- Mistake Proofing Healthcare: Why Stopping Processes May Be A Good Start Vrio Analysis
- Medicine, Incentive Compensation, And The Law Vrio Analysis
- Paediatric Orthopaedic Clinic At The Children's Hospital Of Western Ontario Vrio Analysis
- Structural And Organizational Issues In Patient Safety: A Comparison Of Health Care To Other High Hazard Industries Vrio Analysis
- Abiomed And The AbioCor Clinical Trials (A) 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!