- 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 Marketing Retirement--or Staying On the Job
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Marketing Retirement--or Staying On the Job will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Marketing Retirement--or Staying On the Job 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 Marketing Retirement--or Staying On the Job VRIO Analysis shows that the financial resources of Marketing Retirement--or Staying On the Job are highly valuable as these help in investing into external opportunities that arise. These also help Marketing Retirement--or Staying On the Job in combating external threats.
- According to the VRIO Analysis of Marketing Retirement--or Staying On the Job, 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 Marketing Retirement--or Staying On the Job VRIO Analysis shows that Marketing Retirement--or Staying On the Job'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 Marketing Retirement--or Staying On the Job's products.
- According to the VRIO Analysis of Marketing Retirement--or Staying On the Job, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Marketing Retirement--or Staying On the Job. These patents also provide Marketing Retirement--or Staying On the Job with licensing revenue when it licenses these patents out to other manufacturers.
- The Marketing Retirement--or Staying On the Job VRIO Analysis shows that Marketing Retirement--or Staying On the Job’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Marketing Retirement--or Staying On the Job. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Marketing Retirement--or Staying On the Job, 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 Marketing Retirement--or Staying On the Job VRIO Analysis shows that the research and development at Marketing Retirement--or Staying On the Job 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 Marketing Retirement--or Staying On the Job. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Marketing Retirement--or Staying On the Job are found to be rare according to the VRIO Analysis of Marketing Retirement--or Staying On the Job. 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 Marketing Retirement--or Staying On the Job 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 Marketing Retirement--or Staying On the Job and inhibit competitive advantage. This means that the local food products result in competitive parity for Marketing Retirement--or Staying On the Job. As this resource is valuable, Marketing Retirement--or Staying On the Job can still make use of this resource.
- The employees of Marketing Retirement--or Staying On the Job are a rare resource as identified by the VRIO Analysis of Marketing Retirement--or Staying On the Job. 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 Marketing Retirement--or Staying On the Job are a rare resource as identified by the Marketing Retirement--or Staying On the Job VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Marketing Retirement--or Staying On the Job to use them without interference from the competition.
- The distribution network of Marketing Retirement--or Staying On the Job is a rare resource as identified by the VRIO Analysis of Marketing Retirement--or Staying On the Job. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Marketing Retirement--or Staying On the Job. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Marketing Retirement--or Staying On the Job are costly to imitate as identified by the Marketing Retirement--or Staying On the Job 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 Marketing Retirement--or Staying On the Job. 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 Marketing Retirement--or Staying On the Job provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Marketing Retirement--or Staying On the Job are also not costly to imitate as identified by the Marketing Retirement--or Staying On the Job VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Marketing Retirement--or Staying On the Job by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Marketing Retirement--or Staying On the Job a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Marketing Retirement--or Staying On the Job are very difficult to imitate as identified by the VRIO Analysis of Marketing Retirement--or Staying On the Job. 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 Marketing Retirement--or Staying On the Job is also very costly to imitate by competition as identified by the Marketing Retirement--or Staying On the Job VRIO Analysis. This has been developed over the years gradually by Marketing Retirement--or Staying On the Job. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Marketing Retirement--or Staying On the Job are organised to capture value as identified by the VRIO Analysis of Marketing Retirement--or Staying On the Job. 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 Marketing Retirement--or Staying On the Job.
- The Patents of Marketing Retirement--or Staying On the Job are not well organised as identified by the Marketing Retirement--or Staying On the Job 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 Marketing Retirement--or Staying On the Job starts selling patented products before the patents expire.
- The distribution network of Marketing Retirement--or Staying On the Job is organised as identified by the VRIO Analysis of Marketing Retirement--or Staying On the Job. Marketing Retirement--or Staying On the Job 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 Marketing Retirement--or Staying On the Job.
From the VRIO Analysis of Marketing Retirement--or Staying On the Job, 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 Marketing Retirement--or Staying On the Job 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.
Wyatt Timothy
5.0
Great service. Thanks a lot!
Noura Abdul
5.0
I took help from this service many times and never faced any type of uncommon situation. I think this service thinks more about students’ problems and less about money.
Malvyn Joseph
5.0
I contained 45 out of 50. OMG! It's a splendid result. Recommended!
Oscar Damien
5.0
I highly recommend this service to those who want to get the excellent paper without missing the deadline. Really, the writer was very generous and literate.
Next Articles
- Collaborative Projects (social Media Application): About Wikipedia, The Free Encyclopedia Vrio Analysis
- Fish Friendly Farming: Water, Wine, And Fish Sustainable Agriculture For A Thirsty World Vrio Analysis
- Contracting From East To West: Bridging The Cultural Divide Vrio Analysis
- The Energy Foundation: Catalyzing And Adapting Networks In China Vrio Analysis
- INVITROGEN/LIFE TECHNOLOGIES (C): The "Best Owner" Of The Asset Vrio Analysis
- Crescent Pure, Spanish Version Vrio Analysis
- Judy Gent Inventory Vrio Analysis
- Confronting Directly And Indirectly: Are You Attuned To Notice? Vrio Analysis
- Whole Foods: The Path To 1,000 Stores Vrio Analysis
- Virtual Revenue Recognition Vrio Analysis
Previous Articles
- Market Consolidation In The Telecommunication Sector: Will LIME Survive? Vrio Analysis
- Yahoo's Acquisition Of Tumblr Vrio Analysis
- Codensa: Decisions Made, Spanish Version Vrio Analysis
- Codensa: Easy Credit For All Vrio Analysis
- Paths To Keep Wealth In Family Hands Vrio Analysis
- Want To Innovate? Then Act Like A Start Up Vrio Analysis
- Learning From The Entrepreneurial Icebreakers Vrio Analysis
- Three Verb Ideas For Your Creative Action Vrio Analysis
- Influencing Others Without Formal Authority Vrio Analysis
- Kalashnikov: What's In A Name? (A) (Handout) 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!