- 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 Chia Co Offering a Superfood or a Fad
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of The Chia Co Offering a Superfood or a Fad will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The The Chia Co Offering a Superfood or a Fad 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 Chia Co Offering a Superfood or a Fad VRIO Analysis shows that the financial resources of The Chia Co Offering a Superfood or a Fad are highly valuable as these help in investing into external opportunities that arise. These also help The Chia Co Offering a Superfood or a Fad in combating external threats.
- According to the VRIO Analysis of The Chia Co Offering a Superfood or a Fad, 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 Chia Co Offering a Superfood or a Fad VRIO Analysis shows that The Chia Co Offering a Superfood or a Fad'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 Chia Co Offering a Superfood or a Fad's products.
- According to the VRIO Analysis of The Chia Co Offering a Superfood or a Fad, 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 Chia Co Offering a Superfood or a Fad. These patents also provide The Chia Co Offering a Superfood or a Fad with licensing revenue when it licenses these patents out to other manufacturers.
- The The Chia Co Offering a Superfood or a Fad VRIO Analysis shows that The Chia Co Offering a Superfood or a Fad’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for The Chia Co Offering a Superfood or a Fad. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of The Chia Co Offering a Superfood or a Fad, 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 Chia Co Offering a Superfood or a Fad VRIO Analysis shows that the research and development at The Chia Co Offering a Superfood or a Fad 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 Chia Co Offering a Superfood or a Fad. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of The Chia Co Offering a Superfood or a Fad are found to be rare according to the VRIO Analysis of The Chia Co Offering a Superfood or a Fad. 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 Chia Co Offering a Superfood or a Fad 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 Chia Co Offering a Superfood or a Fad and inhibit competitive advantage. This means that the local food products result in competitive parity for The Chia Co Offering a Superfood or a Fad. As this resource is valuable, The Chia Co Offering a Superfood or a Fad can still make use of this resource.
- The employees of The Chia Co Offering a Superfood or a Fad are a rare resource as identified by the VRIO Analysis of The Chia Co Offering a Superfood or a Fad. 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 Chia Co Offering a Superfood or a Fad are a rare resource as identified by the The Chia Co Offering a Superfood or a Fad VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows The Chia Co Offering a Superfood or a Fad to use them without interference from the competition.
- The distribution network of The Chia Co Offering a Superfood or a Fad is a rare resource as identified by the VRIO Analysis of The Chia Co Offering a Superfood or a Fad. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of The Chia Co Offering a Superfood or a Fad. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of The Chia Co Offering a Superfood or a Fad are costly to imitate as identified by the The Chia Co Offering a Superfood or a Fad 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 Chia Co Offering a Superfood or a Fad. 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 Chia Co Offering a Superfood or a Fad provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of The Chia Co Offering a Superfood or a Fad are also not costly to imitate as identified by the The Chia Co Offering a Superfood or a Fad VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from The Chia Co Offering a Superfood or a Fad by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of The Chia Co Offering a Superfood or a Fad a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of The Chia Co Offering a Superfood or a Fad are very difficult to imitate as identified by the VRIO Analysis of The Chia Co Offering a Superfood or a Fad. 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 Chia Co Offering a Superfood or a Fad is also very costly to imitate by competition as identified by the The Chia Co Offering a Superfood or a Fad VRIO Analysis. This has been developed over the years gradually by The Chia Co Offering a Superfood or a Fad. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of The Chia Co Offering a Superfood or a Fad are organised to capture value as identified by the VRIO Analysis of The Chia Co Offering a Superfood or a Fad. 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 Chia Co Offering a Superfood or a Fad.
- The Patents of The Chia Co Offering a Superfood or a Fad are not well organised as identified by the The Chia Co Offering a Superfood or a Fad 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 Chia Co Offering a Superfood or a Fad starts selling patented products before the patents expire.
- The distribution network of The Chia Co Offering a Superfood or a Fad is organised as identified by the VRIO Analysis of The Chia Co Offering a Superfood or a Fad. The Chia Co Offering a Superfood or a Fad 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 Chia Co Offering a Superfood or a Fad.
From the VRIO Analysis of The Chia Co Offering a Superfood or a Fad, 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 Chia Co Offering a Superfood or a Fad 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.
Patrik Tas
5.0
The greatest level of hard work expressed in the document that this service let me submit to the teacher. I ended up with a good result.
Emiley Zhang
4.0
The homework was 100% accurate. All sections of this service are really straight forward. Got great grades. Thanks!
Mia Ethan
5.0
The writer was absolutely kind and humble to deal with. I'm grateful to the whole staff of this service that allowed me to submit the assignment on time. Thanks a lot!
Carter Scott
5.0
Excellent writer that was available for the help. This website really helped me a lot by providing an awesome assignment. Thanks a lot!
Next Articles
- Lagom Kitchen + Brewery: A Quest For Survival Vrio Analysis
- Style Inc.: Fine Bespoke Tailoring Vrio Analysis
- Rougir Cosmetics International: Production Optimization Vrio Analysis
- UK Government Digital Service: Moving Beyond A Website Vrio Analysis
- Testin: Partnering With Multinational Corporations Vrio Analysis
- The New Urban Crisis: Putting An End To Winner Takes All Urbanism Vrio Analysis
- Using The SEC's EDGAR Portal Vrio Analysis
- In The Cold Light Of Day: A Case Study Of Argentina's 2001 2002 Economic Crisis Vrio Analysis
- Tamarin App: Natural Language Processing Vrio Analysis
- Medium In 2017: Developing A New Model For Media Vrio Analysis
Previous Articles
- Ambuja Cement: Measuring The Value Of Water Vrio Analysis
- Club Sportif MAA: Staying Ahead Of The Game Vrio Analysis
- Macroeconomic Forces, The National Hockey League, And Winning The Stanley Cup Vrio Analysis
- Enpara.com: Digital Bank At A Crossroad Vrio Analysis
- Tesla's Non GAAP Accounting Measurements: Revenue Recognition And Stock Based Compensation Vrio Analysis
- Accounting For Nuclear Power Provisions At RWE Vrio Analysis
- Enel: The Future Of Energy Vrio Analysis
- Fintech And Finance Transformation: The Rise Of Ant Financial Vrio Analysis
- Accounting Turbulence At Boeing Vrio Analysis
- Berkshire Partners: Party City 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!