- 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 The High Stakes of Low-Cost Competition
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of The High Stakes of Low-Cost Competition will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The The High Stakes of Low-Cost Competition 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 The High Stakes of Low-Cost Competition VRIO Analysis shows that the financial resources of The High Stakes of Low-Cost Competition are highly valuable as these help in investing into external opportunities that arise. These also help The High Stakes of Low-Cost Competition in combating external threats.
- According to the VRIO Analysis of The High Stakes of Low-Cost Competition, 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 The High Stakes of Low-Cost Competition VRIO Analysis shows that The High Stakes of Low-Cost Competition'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 The High Stakes of Low-Cost Competition's products.
- According to the VRIO Analysis of The High Stakes of Low-Cost Competition, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for The High Stakes of Low-Cost Competition. These patents also provide The High Stakes of Low-Cost Competition with licensing revenue when it licenses these patents out to other manufacturers.
- The The High Stakes of Low-Cost Competition VRIO Analysis shows that The High Stakes of Low-Cost Competition’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for The High Stakes of Low-Cost Competition. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of The High Stakes of Low-Cost Competition, 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 The High Stakes of Low-Cost Competition VRIO Analysis shows that the research and development at The High Stakes of Low-Cost Competition 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 The High Stakes of Low-Cost Competition. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of The High Stakes of Low-Cost Competition are found to be rare according to the VRIO Analysis of The High Stakes of Low-Cost Competition. 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 The High Stakes of Low-Cost Competition 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 The High Stakes of Low-Cost Competition and inhibit competitive advantage. This means that the local food products result in competitive parity for The High Stakes of Low-Cost Competition. As this resource is valuable, The High Stakes of Low-Cost Competition can still make use of this resource.
- The employees of The High Stakes of Low-Cost Competition are a rare resource as identified by the VRIO Analysis of The High Stakes of Low-Cost Competition. 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 The High Stakes of Low-Cost Competition are a rare resource as identified by the The High Stakes of Low-Cost Competition VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows The High Stakes of Low-Cost Competition to use them without interference from the competition.
- The distribution network of The High Stakes of Low-Cost Competition is a rare resource as identified by the VRIO Analysis of The High Stakes of Low-Cost Competition. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of The High Stakes of Low-Cost Competition. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of The High Stakes of Low-Cost Competition are costly to imitate as identified by the The High Stakes of Low-Cost Competition 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 The High Stakes of Low-Cost Competition. 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 The High Stakes of Low-Cost Competition provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of The High Stakes of Low-Cost Competition are also not costly to imitate as identified by the The High Stakes of Low-Cost Competition VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from The High Stakes of Low-Cost Competition by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of The High Stakes of Low-Cost Competition a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of The High Stakes of Low-Cost Competition are very difficult to imitate as identified by the VRIO Analysis of The High Stakes of Low-Cost Competition. 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 The High Stakes of Low-Cost Competition is also very costly to imitate by competition as identified by the The High Stakes of Low-Cost Competition VRIO Analysis. This has been developed over the years gradually by The High Stakes of Low-Cost Competition. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of The High Stakes of Low-Cost Competition are organised to capture value as identified by the VRIO Analysis of The High Stakes of Low-Cost Competition. 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 The High Stakes of Low-Cost Competition.
- The Patents of The High Stakes of Low-Cost Competition are not well organised as identified by the The High Stakes of Low-Cost Competition 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 The High Stakes of Low-Cost Competition starts selling patented products before the patents expire.
- The distribution network of The High Stakes of Low-Cost Competition is organised as identified by the VRIO Analysis of The High Stakes of Low-Cost Competition. The High Stakes of Low-Cost Competition 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 The High Stakes of Low-Cost Competition.
From the VRIO Analysis of The High Stakes of Low-Cost Competition, 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 The High Stakes of Low-Cost Competition 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.
Eleanor Flynn
4.0
The writer completely followed my instructions and I will definitely use this service for the future paper. A+ score. Thank you!
Anant Aditya
5.0
The writer used all references that I suggested and it’s comforting to know for me that I obtained an A+ in the paper. Thanks a lot!
Rebecca Noah
5.0
This service delivered to me what I asked for. The quality was mind blowing and I’m satisfied. Thanks a lot!
Amelia Kieran
5.0
These guys saved me! I started to write the assignment. There was extensive research required to complete the paper. However, the submission date was near. When I realized that I wouldn't finalize the document timely. I hired this service. It provided the assignment timely and I am satisfied. Thank you!
Next Articles
- Flying Light: British Airways Flight 268 (A) Vrio Analysis
- Northwest Airlines: Brush With Bankruptcy (A) November 1992 Vrio Analysis
- Boeing 767: From Concept To Production (B) Vrio Analysis
- Transformation Of Pratt & Whitney North Haven (C) Vrio Analysis
- JetBlue Airways: Valentine's Day 2007 Vrio Analysis
- General Electric Thermocouple Manufacturing (A) Vrio Analysis
- Boeing 787: The Dreamliner Vrio Analysis
- Real Options Valuation For Technology, Technical Note Vrio Analysis
- Managing Knowledge And Learning At NASA And The Jet Propulsion Laboratory (JPL), Spanish Version Vrio Analysis
- Transformation Of Pratt & Whitney North Haven (E) Vrio Analysis
Previous Articles
- Transformation Of Pratt & Whitney North Haven (B) Vrio Analysis
- Boeing 767: From Concept To Production (A), Spanish Version Vrio Analysis
- Boeing Australia Ltd.: Assessing The Merits Of Implementing A Sophisticated E Procurement System Vrio Analysis
- COM DEV Xi'an: ISO 9000 Registration Vrio Analysis
- Buyer Supplier Relationships Vrio Analysis
- BAE Automated Systems (B): Implementing The Denver International Airport Baggage Handling System Vrio Analysis
- Final Voyage Of The Challenger: Aftermath Vrio Analysis
- Cathay Pacific Vrio Analysis
- Mission To Mars (B) Vrio Analysis
- General Electric Thermocouple Manufacturing (B) 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!