- 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 JPMorgan Chase Invested in Detroit B
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of JPMorgan Chase Invested in Detroit B will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit B VRIO Analysis shows that the financial resources of JPMorgan Chase Invested in Detroit B are highly valuable as these help in investing into external opportunities that arise. These also help JPMorgan Chase Invested in Detroit B in combating external threats.
- According to the VRIO Analysis of JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit B VRIO Analysis shows that JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit B's products.
- According to the VRIO Analysis of JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit B. These patents also provide JPMorgan Chase Invested in Detroit B with licensing revenue when it licenses these patents out to other manufacturers.
- The JPMorgan Chase Invested in Detroit B VRIO Analysis shows that JPMorgan Chase Invested in Detroit B’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for JPMorgan Chase Invested in Detroit B. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit B VRIO Analysis shows that the research and development at JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit B. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of JPMorgan Chase Invested in Detroit B are found to be rare according to the VRIO Analysis of JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit B and inhibit competitive advantage. This means that the local food products result in competitive parity for JPMorgan Chase Invested in Detroit B. As this resource is valuable, JPMorgan Chase Invested in Detroit B can still make use of this resource.
- The employees of JPMorgan Chase Invested in Detroit B are a rare resource as identified by the VRIO Analysis of JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit B are a rare resource as identified by the JPMorgan Chase Invested in Detroit B VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows JPMorgan Chase Invested in Detroit B to use them without interference from the competition.
- The distribution network of JPMorgan Chase Invested in Detroit B is a rare resource as identified by the VRIO Analysis of JPMorgan Chase Invested in Detroit B. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of JPMorgan Chase Invested in Detroit B. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of JPMorgan Chase Invested in Detroit B are costly to imitate as identified by the JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit B provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of JPMorgan Chase Invested in Detroit B are also not costly to imitate as identified by the JPMorgan Chase Invested in Detroit B VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from JPMorgan Chase Invested in Detroit B by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of JPMorgan Chase Invested in Detroit B a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of JPMorgan Chase Invested in Detroit B are very difficult to imitate as identified by the VRIO Analysis of JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit B is also very costly to imitate by competition as identified by the JPMorgan Chase Invested in Detroit B VRIO Analysis. This has been developed over the years gradually by JPMorgan Chase Invested in Detroit B. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of JPMorgan Chase Invested in Detroit B are organised to capture value as identified by the VRIO Analysis of JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit B.
- The Patents of JPMorgan Chase Invested in Detroit B are not well organised as identified by the JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit B starts selling patented products before the patents expire.
- The distribution network of JPMorgan Chase Invested in Detroit B is organised as identified by the VRIO Analysis of JPMorgan Chase Invested in Detroit B. JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit B.
From the VRIO Analysis of JPMorgan Chase Invested in Detroit 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 JPMorgan Chase Invested in Detroit 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.
Cassian Cyrus
5.0
The way to complete the case study in a tight deadline is really wordless. I didn’t communicate with the writer because I was busy during those days but everything is excellent. Keep in touch with you soon with a new assignment. Thanks a lot!
Eliza Jakab
5.0
I was given two assignments. One accomplished by this service that made me able to concentrate on the other one. I’m appeased that these guys were punctual to the document. Thanks a lot! If anyone is tired of any scam service, he/she can test this service.
Muniza Tashawar
5.0
I placed almost 20+ orders here and all time got the paper that gained very good scores. I highly recommend this service!
Martin Millo
4.0
The assignment was delivered on time. I’m very happy. Thanks a lot!
Next Articles
- Triadic Relationships In Healthcare Vrio Analysis
- Videocon D2H: In Film Branding Vrio Analysis
- GasBuddy: Fueling Its Digital Platform For Agility And Growth Vrio Analysis
- The Role Of A Municipality's Financial Health In A Firm's Siting Decision Vrio Analysis
- Assessing The Maturity Of Crowdventuring For Corporate Entrepreneurship Vrio Analysis
- Managing Millennials' Personal Use Of Technology At Work Vrio Analysis
- Reading The Room: Leveraging Popular Business Books To Enhance Organizational Performance Vrio Analysis
- Mysore Ghee Stores: Expansion Strategy For Clarified Butter Business Vrio Analysis
- The Mobile Shopping Revolution: Redefining The Consumer Decision Process Vrio Analysis
- Circle Mapping Your Firm's Growth Strategy Vrio Analysis
Previous Articles
- Corporatization Of Bollywood Vrio Analysis
- Eliminating Avoidable Blindness Outreach Activities At Aravind Eye Care System Vrio Analysis
- Evidence Based Recommendations For Employee Performance Monitoring Vrio Analysis
- Guilty By Association: The Risk Of Crisis Contagion Vrio Analysis
- St Helena: Landing A Future For A South Atlantic Island Vrio Analysis
- Preserve: Growing A Sustainable Consumer Goods Company Vrio Analysis
- Digital Transformation At La Presse (B): Implementing The Digital Strategy Vrio Analysis
- An 'Inspire' D Journey To Recover Tsunami Hit Land Vrio Analysis
- Correcting Analytics Maturity Myopia Vrio Analysis
- KBC Bank And Insurance Holding Company (KBC) (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!