- 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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Beacon Group of Hong Kong Finding Light in the Shadow Education Industry 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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry VRIO Analysis shows that the financial resources of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry are highly valuable as these help in investing into external opportunities that arise. These also help Beacon Group of Hong Kong Finding Light in the Shadow Education Industry in combating external threats.
- According to the VRIO Analysis of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry, 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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry VRIO Analysis shows that Beacon Group of Hong Kong Finding Light in the Shadow Education Industry'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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry's products.
- According to the VRIO Analysis of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Beacon Group of Hong Kong Finding Light in the Shadow Education Industry. These patents also provide Beacon Group of Hong Kong Finding Light in the Shadow Education Industry with licensing revenue when it licenses these patents out to other manufacturers.
- The Beacon Group of Hong Kong Finding Light in the Shadow Education Industry VRIO Analysis shows that Beacon Group of Hong Kong Finding Light in the Shadow Education Industry’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Beacon Group of Hong Kong Finding Light in the Shadow Education Industry. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry, 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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry VRIO Analysis shows that the research and development at Beacon Group of Hong Kong Finding Light in the Shadow Education Industry 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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry are found to be rare according to the VRIO Analysis of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry. 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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry 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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry and inhibit competitive advantage. This means that the local food products result in competitive parity for Beacon Group of Hong Kong Finding Light in the Shadow Education Industry. As this resource is valuable, Beacon Group of Hong Kong Finding Light in the Shadow Education Industry can still make use of this resource.
- The employees of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry are a rare resource as identified by the VRIO Analysis of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry. 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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry are a rare resource as identified by the Beacon Group of Hong Kong Finding Light in the Shadow Education Industry VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Beacon Group of Hong Kong Finding Light in the Shadow Education Industry to use them without interference from the competition.
- The distribution network of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry is a rare resource as identified by the VRIO Analysis of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry are costly to imitate as identified by the Beacon Group of Hong Kong Finding Light in the Shadow Education Industry 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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry. 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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry are also not costly to imitate as identified by the Beacon Group of Hong Kong Finding Light in the Shadow Education Industry VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Beacon Group of Hong Kong Finding Light in the Shadow Education Industry by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry are very difficult to imitate as identified by the VRIO Analysis of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry. 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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry is also very costly to imitate by competition as identified by the Beacon Group of Hong Kong Finding Light in the Shadow Education Industry VRIO Analysis. This has been developed over the years gradually by Beacon Group of Hong Kong Finding Light in the Shadow Education Industry. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry are organised to capture value as identified by the VRIO Analysis of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry. 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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry.
- The Patents of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry are not well organised as identified by the Beacon Group of Hong Kong Finding Light in the Shadow Education Industry 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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry starts selling patented products before the patents expire.
- The distribution network of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry is organised as identified by the VRIO Analysis of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry. Beacon Group of Hong Kong Finding Light in the Shadow Education Industry 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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry.
From the VRIO Analysis of Beacon Group of Hong Kong Finding Light in the Shadow Education Industry, 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 Beacon Group of Hong Kong Finding Light in the Shadow Education Industry 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.
Brooklyn Victor
4.0
Everything is alright but explanation was not according to my expectation.
Leo Samuile
5.0
The paper was right as compared to the order due to it being made when the deadline was on the door. Thank you so much Mr. Stephen for your sincerity!
Leo Max
5.0
The expert answered the queries gradually and got me an A grade in the exams. Thankful!
Zhang Wei
5.0
My assignment scored as per expectations. Good job. Thank you!
Next Articles
- The Man In The Mirror (B) Vrio Analysis
- Singapore Changi Airport: Check In To A World Class Experience Vrio Analysis
- Marie Jackson: Revitalizing Renfield Farms, Spanish Version Vrio Analysis
- LOYAL3: Own What You Love, Chinese Version Vrio Analysis
- Look Outside Your Firm: A Tool To Sense What's Coming: The Landscape Monitor Vrio Analysis
- Five Keys That Will Make Or Break Your Business: The Entrepreneurial Society Vrio Analysis
- J&J, Inc. Vrio Analysis
- Kesmore Corporation Vrio Analysis
- How Your Company Can Change The World: Revolutionize Your Workplace Vrio Analysis
- Innovating At EGA: From Ideas To Development, Spanish Version Vrio Analysis
Previous Articles
- The Man In The Mirror (A) Vrio Analysis
- Local Development Policy For Santa Barbara De Tapirin (A), Spanish Version Vrio Analysis
- How Global Is Your C Suite? Vrio Analysis
- China Lodging Group (B), Spanish Version Vrio Analysis
- China Lodging Group (A) Vrio Analysis
- Staying In The Know Vrio Analysis
- Berlin Brandenburg International Airport Vrio Analysis
- CSIR Tech Private Limited: Facilitating Lab To Market Journeys, Supplement Vrio Analysis
- Private Equity Finance Vignettes: 2016 Vrio Analysis
- Finalizing A Deal Between Riva Corporation And Charlton Corporation: Charlton's Internal Deliberation (C) Charlton Independent Director 1 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!