VRIO Analysis of Dragonfly Developing a Proposal for an Uninhabited Aerial Vehicle UAV

Posted by Zachary Edwards on Mar-22-2018

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

Rare

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

Imitable

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

Organisation

• The financial resources of Dragonfly Developing a Proposal for an Uninhabited Aerial Vehicle UAV are organised to capture value as identified by the VRIO Analysis of Dragonfly Developing a Proposal for an Uninhabited Aerial Vehicle UAV. 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 Dragonfly Developing a Proposal for an Uninhabited Aerial Vehicle UAV.
• The Patents of Dragonfly Developing a Proposal for an Uninhabited Aerial Vehicle UAV are not well organised as identified by the Dragonfly Developing a Proposal for an Uninhabited Aerial Vehicle UAV 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 Dragonfly Developing a Proposal for an Uninhabited Aerial Vehicle UAV starts selling patented products before the patents expire.
• The distribution network of Dragonfly Developing a Proposal for an Uninhabited Aerial Vehicle UAV is organised as identified by the VRIO Analysis of Dragonfly Developing a Proposal for an Uninhabited Aerial Vehicle UAV. Dragonfly Developing a Proposal for an Uninhabited Aerial Vehicle UAV 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 Dragonfly Developing a Proposal for an Uninhabited Aerial Vehicle UAV.

From the VRIO Analysis of Dragonfly Developing a Proposal for an Uninhabited Aerial Vehicle UAV, 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 Dragonfly Developing a Proposal for an Uninhabited Aerial Vehicle UAV is a competitive disadvantage. Research and Development is also a competitive disadvantage.