- 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 1366 Technologies Scaling the Venture
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of 1366 Technologies Scaling the Venture will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The 1366 Technologies Scaling the Venture 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 1366 Technologies Scaling the Venture VRIO Analysis shows that the financial resources of 1366 Technologies Scaling the Venture are highly valuable as these help in investing into external opportunities that arise. These also help 1366 Technologies Scaling the Venture in combating external threats.
- According to the VRIO Analysis of 1366 Technologies Scaling the Venture, 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 1366 Technologies Scaling the Venture VRIO Analysis shows that 1366 Technologies Scaling the Venture'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 1366 Technologies Scaling the Venture's products.
- According to the VRIO Analysis of 1366 Technologies Scaling the Venture, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for 1366 Technologies Scaling the Venture. These patents also provide 1366 Technologies Scaling the Venture with licensing revenue when it licenses these patents out to other manufacturers.
- The 1366 Technologies Scaling the Venture VRIO Analysis shows that 1366 Technologies Scaling the Venture’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for 1366 Technologies Scaling the Venture. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of 1366 Technologies Scaling the Venture, 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 1366 Technologies Scaling the Venture VRIO Analysis shows that the research and development at 1366 Technologies Scaling the Venture 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 1366 Technologies Scaling the Venture. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of 1366 Technologies Scaling the Venture are found to be rare according to the VRIO Analysis of 1366 Technologies Scaling the Venture. 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 1366 Technologies Scaling the Venture 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 1366 Technologies Scaling the Venture and inhibit competitive advantage. This means that the local food products result in competitive parity for 1366 Technologies Scaling the Venture. As this resource is valuable, 1366 Technologies Scaling the Venture can still make use of this resource.
- The employees of 1366 Technologies Scaling the Venture are a rare resource as identified by the VRIO Analysis of 1366 Technologies Scaling the Venture. 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 1366 Technologies Scaling the Venture are a rare resource as identified by the 1366 Technologies Scaling the Venture VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows 1366 Technologies Scaling the Venture to use them without interference from the competition.
- The distribution network of 1366 Technologies Scaling the Venture is a rare resource as identified by the VRIO Analysis of 1366 Technologies Scaling the Venture. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of 1366 Technologies Scaling the Venture. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of 1366 Technologies Scaling the Venture are costly to imitate as identified by the 1366 Technologies Scaling the Venture 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 1366 Technologies Scaling the Venture. 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 1366 Technologies Scaling the Venture provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of 1366 Technologies Scaling the Venture are also not costly to imitate as identified by the 1366 Technologies Scaling the Venture VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from 1366 Technologies Scaling the Venture by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of 1366 Technologies Scaling the Venture a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of 1366 Technologies Scaling the Venture are very difficult to imitate as identified by the VRIO Analysis of 1366 Technologies Scaling the Venture. 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 1366 Technologies Scaling the Venture is also very costly to imitate by competition as identified by the 1366 Technologies Scaling the Venture VRIO Analysis. This has been developed over the years gradually by 1366 Technologies Scaling the Venture. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of 1366 Technologies Scaling the Venture are organised to capture value as identified by the VRIO Analysis of 1366 Technologies Scaling the Venture. 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 1366 Technologies Scaling the Venture.
- The Patents of 1366 Technologies Scaling the Venture are not well organised as identified by the 1366 Technologies Scaling the Venture 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 1366 Technologies Scaling the Venture starts selling patented products before the patents expire.
- The distribution network of 1366 Technologies Scaling the Venture is organised as identified by the VRIO Analysis of 1366 Technologies Scaling the Venture. 1366 Technologies Scaling the Venture 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 1366 Technologies Scaling the Venture.
From the VRIO Analysis of 1366 Technologies Scaling the Venture, 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 1366 Technologies Scaling the Venture 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.
Sterne Elliot
5.0
Stemplots is the toughest topic of Statistics and really just because of it I don't like this subject. But what can we do if it the part of the syllabus. We have to search any services. I hired this service because my fellow uses it. Thank you Joshua and the writer for let me free from this boring topic!
Valeria Omer
5.0
The coursework is not a horror for me anymore. Prices are fit to the budget and no hurdle about delivery.
Ghada Gilad
5.0
The specifications were exactly met and I’m pleased to have this type of service.
Aaron Kevin
5.0
I appreciate the hard work of you guys! The document was keeping with my specifications. Totally delightful moment. Thanks a lot!
Next Articles
- MW Petroleum Corp. (B) Vrio Analysis
- ABB: Accountability Times Two (B) Vrio Analysis
- The October 2009 Petrobras Bond Issue (A) Vrio Analysis
- BRAZIL PRE SALT: NEGOTIATING FIVE BILLION BARRELS OF OIL Vrio Analysis
- Financial Impact Of U.S. Nuclear Power Plants: FirstEnergy And Davis Besse Vrio Analysis
- Mobil USM&R (C): Lubricants Business Unit Vrio Analysis
- Haliburton Company: Accounting For Cost Overruns And Recoveries Vrio Analysis
- Kerr McGee Vrio Analysis
- Preem (B) Vrio Analysis
- Try Recycling Inc. The South London Expansion Vrio Analysis
Previous Articles
- Mobil USM&R (A): Linking The Balanced Scorecard Vrio Analysis
- Burnet Vs. Logan Vrio Analysis
- East Meets West: Rothschild's Investment In Indonesia's Bakrie Group Vrio Analysis
- NewGrade Energy Inc. Vrio Analysis
- BACIA DE CAMPOS Vrio Analysis
- New Earth Mining, Inc., Spanish Version Vrio Analysis
- Coal, Nuclear, Natural Gas, Oil, Or Renewable: Which Type Of Power Plant Should We Build? Vrio Analysis
- Kinder Morgan, Inc. Management Buyout Vrio Analysis
- Goldwind USA: Chinese Wind In The Americas Vrio Analysis
- Amaranth Advisors: Burning Six Billion In Thirty Days 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!