- 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 Singapore Changi Airport Check-In to a World Class Experience
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Singapore Changi Airport Check-In to a World Class Experience will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Singapore Changi Airport Check-In to a World Class Experience 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 Singapore Changi Airport Check-In to a World Class Experience VRIO Analysis shows that the financial resources of Singapore Changi Airport Check-In to a World Class Experience are highly valuable as these help in investing into external opportunities that arise. These also help Singapore Changi Airport Check-In to a World Class Experience in combating external threats.
- According to the VRIO Analysis of Singapore Changi Airport Check-In to a World Class Experience, 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 Singapore Changi Airport Check-In to a World Class Experience VRIO Analysis shows that Singapore Changi Airport Check-In to a World Class Experience'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 Singapore Changi Airport Check-In to a World Class Experience's products.
- According to the VRIO Analysis of Singapore Changi Airport Check-In to a World Class Experience, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Singapore Changi Airport Check-In to a World Class Experience. These patents also provide Singapore Changi Airport Check-In to a World Class Experience with licensing revenue when it licenses these patents out to other manufacturers.
- The Singapore Changi Airport Check-In to a World Class Experience VRIO Analysis shows that Singapore Changi Airport Check-In to a World Class Experience’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Singapore Changi Airport Check-In to a World Class Experience. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Singapore Changi Airport Check-In to a World Class Experience, 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 Singapore Changi Airport Check-In to a World Class Experience VRIO Analysis shows that the research and development at Singapore Changi Airport Check-In to a World Class Experience 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 Singapore Changi Airport Check-In to a World Class Experience. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Singapore Changi Airport Check-In to a World Class Experience are found to be rare according to the VRIO Analysis of Singapore Changi Airport Check-In to a World Class Experience. 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 Singapore Changi Airport Check-In to a World Class Experience 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 Singapore Changi Airport Check-In to a World Class Experience and inhibit competitive advantage. This means that the local food products result in competitive parity for Singapore Changi Airport Check-In to a World Class Experience. As this resource is valuable, Singapore Changi Airport Check-In to a World Class Experience can still make use of this resource.
- The employees of Singapore Changi Airport Check-In to a World Class Experience are a rare resource as identified by the VRIO Analysis of Singapore Changi Airport Check-In to a World Class Experience. 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 Singapore Changi Airport Check-In to a World Class Experience are a rare resource as identified by the Singapore Changi Airport Check-In to a World Class Experience VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Singapore Changi Airport Check-In to a World Class Experience to use them without interference from the competition.
- The distribution network of Singapore Changi Airport Check-In to a World Class Experience is a rare resource as identified by the VRIO Analysis of Singapore Changi Airport Check-In to a World Class Experience. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Singapore Changi Airport Check-In to a World Class Experience. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Singapore Changi Airport Check-In to a World Class Experience are costly to imitate as identified by the Singapore Changi Airport Check-In to a World Class Experience 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 Singapore Changi Airport Check-In to a World Class Experience. 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 Singapore Changi Airport Check-In to a World Class Experience provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Singapore Changi Airport Check-In to a World Class Experience are also not costly to imitate as identified by the Singapore Changi Airport Check-In to a World Class Experience VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Singapore Changi Airport Check-In to a World Class Experience by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Singapore Changi Airport Check-In to a World Class Experience a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Singapore Changi Airport Check-In to a World Class Experience are very difficult to imitate as identified by the VRIO Analysis of Singapore Changi Airport Check-In to a World Class Experience. 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 Singapore Changi Airport Check-In to a World Class Experience is also very costly to imitate by competition as identified by the Singapore Changi Airport Check-In to a World Class Experience VRIO Analysis. This has been developed over the years gradually by Singapore Changi Airport Check-In to a World Class Experience. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Singapore Changi Airport Check-In to a World Class Experience are organised to capture value as identified by the VRIO Analysis of Singapore Changi Airport Check-In to a World Class Experience. 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 Singapore Changi Airport Check-In to a World Class Experience.
- The Patents of Singapore Changi Airport Check-In to a World Class Experience are not well organised as identified by the Singapore Changi Airport Check-In to a World Class Experience 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 Singapore Changi Airport Check-In to a World Class Experience starts selling patented products before the patents expire.
- The distribution network of Singapore Changi Airport Check-In to a World Class Experience is organised as identified by the VRIO Analysis of Singapore Changi Airport Check-In to a World Class Experience. Singapore Changi Airport Check-In to a World Class Experience 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 Singapore Changi Airport Check-In to a World Class Experience.
From the VRIO Analysis of Singapore Changi Airport Check-In to a World Class Experience, 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 Singapore Changi Airport Check-In to a World Class Experience 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.
Ronith Ayaan
5.0
It was a great pleasure for me that the correct MLA format under the deadline. This is called genuine sincerity with your job!
Martin Jonathan
5.0
The highest standard company. I'm thankful for delivering me the project before the deadline!
Fang Liam
5.0
They are familiar with how to send the paper at the scheduled time. Thanks for a good response!
Hannah Philip
4.0
This is a top-notch service. My assignment was done perfectly. Really the best experience with this assignment writing service. Thanks a lot!
Next Articles
- 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
- How To Fuel Healthy Growth: A User's Guide For Small Business Success Vrio Analysis
- Looking Inside: Intel And Conflict Minerals Vrio Analysis
Previous Articles
- The Man In The Mirror (B) Vrio Analysis
- Beacon Group Of Hong Kong: Finding Light In The Shadow Education Industry Vrio Analysis
- 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
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!