- 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 Sales Razor Technologies
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Sales Razor Technologies will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Sales Razor Technologies 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 Sales Razor Technologies VRIO Analysis shows that the financial resources of Sales Razor Technologies are highly valuable as these help in investing into external opportunities that arise. These also help Sales Razor Technologies in combating external threats.
- According to the VRIO Analysis of Sales Razor Technologies, 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 Sales Razor Technologies VRIO Analysis shows that Sales Razor Technologies'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 Sales Razor Technologies's products.
- According to the VRIO Analysis of Sales Razor Technologies, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Sales Razor Technologies. These patents also provide Sales Razor Technologies with licensing revenue when it licenses these patents out to other manufacturers.
- The Sales Razor Technologies VRIO Analysis shows that Sales Razor Technologies’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Sales Razor Technologies. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Sales Razor Technologies, 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 Sales Razor Technologies VRIO Analysis shows that the research and development at Sales Razor Technologies 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 Sales Razor Technologies. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Sales Razor Technologies are found to be rare according to the VRIO Analysis of Sales Razor Technologies. 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 Sales Razor Technologies 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 Sales Razor Technologies and inhibit competitive advantage. This means that the local food products result in competitive parity for Sales Razor Technologies. As this resource is valuable, Sales Razor Technologies can still make use of this resource.
- The employees of Sales Razor Technologies are a rare resource as identified by the VRIO Analysis of Sales Razor Technologies. 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 Sales Razor Technologies are a rare resource as identified by the Sales Razor Technologies VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Sales Razor Technologies to use them without interference from the competition.
- The distribution network of Sales Razor Technologies is a rare resource as identified by the VRIO Analysis of Sales Razor Technologies. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Sales Razor Technologies. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Sales Razor Technologies are costly to imitate as identified by the Sales Razor Technologies 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 Sales Razor Technologies. 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 Sales Razor Technologies provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Sales Razor Technologies are also not costly to imitate as identified by the Sales Razor Technologies VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Sales Razor Technologies by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Sales Razor Technologies a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Sales Razor Technologies are very difficult to imitate as identified by the VRIO Analysis of Sales Razor Technologies. 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 Sales Razor Technologies is also very costly to imitate by competition as identified by the Sales Razor Technologies VRIO Analysis. This has been developed over the years gradually by Sales Razor Technologies. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Sales Razor Technologies are organised to capture value as identified by the VRIO Analysis of Sales Razor Technologies. 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 Sales Razor Technologies.
- The Patents of Sales Razor Technologies are not well organised as identified by the Sales Razor Technologies 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 Sales Razor Technologies starts selling patented products before the patents expire.
- The distribution network of Sales Razor Technologies is organised as identified by the VRIO Analysis of Sales Razor Technologies. Sales Razor Technologies 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 Sales Razor Technologies.
From the VRIO Analysis of Sales Razor Technologies, 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 Sales Razor Technologies 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.
Drishti Ivaan
5.0
I never suffered as much as in my university life as I faced the situation when the professor of Management didn't agree to give us any relief. I picked up the assignment from this service and got the teacher to be satisfied with my performance. Thanks a lot!
Charlotte Jan
5.0
I was very busy at the time of coursework. I appointed this service and used to speak with the expert half an hour daily. The writer was a great man and got a quality paper.
Evie Max
4.0
I'm very happy because it's a very reliable service that can provide a document within 5 hours.
Willow Flynne
5.0
The assignment was more than I could hope for. All points were relevant and I'm delighted with the authenticity of the assignment.
Next Articles
- Tata Nano's Execution Failure: How The People's Car Failed To Reshape The Auto Industry And Create New Growth Vrio Analysis
- Charting A Path For A Renewable Energy Spinoff: The ERI@N Dilemma Vrio Analysis
- The City As A Lab: Open Innovation Meets The Collaborative Economy Vrio Analysis
- Environmental Defense Fund And The Leveraged Buyout Of TXU Vrio Analysis
- A Smart City Is A Collaborative Community: Lessons From Smart Aarhus Vrio Analysis
- Atlassian: Sales Vrio Analysis
- Elements Of Japanese Corporate Governance Vrio Analysis
- CEMEX: Information Technology, An Enabler For Building The Future Vrio Analysis
- HBA Job Offer Negotiation: Applicant Vrio Analysis
- TalentCorp Malaysia And The Returning Expert Programme Vrio Analysis
Previous Articles
- Weathernews Vrio Analysis
- Warren E. Buffett, 2015 Vrio Analysis
- The Entrepreneurial Manager, Module I: Defining And Developing The Business Model Vrio Analysis
- Decision Analysis Vrio Analysis
- The MBO Of Hoffmann Saveurs Vrio Analysis
- Raising Capital For Ofertia Vrio Analysis
- Valerie Daniels Carter: High Growth Entrepreneurship Via Franchising Vrio Analysis
- Aston Martin: A Second Century Of Performance And Luxury Vrio Analysis
- Netflix, Inc. Vrio Analysis
- AEEC: Becoming An Innovation Catalyst 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!