VRIO Analysis of Mysore Sandals Millennium The Launch of India s Most Expensive Soap

Posted by Zachary Edwards on Mar-22-2018

The VRIO Analysis of Mysore Sandals Millennium The Launch of India s Most Expensive Soap will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Mysore Sandals Millennium The Launch of India s Most Expensive Soap 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 Mysore Sandals Millennium The Launch of India s Most Expensive Soap VRIO Analysis shows that the financial resources of Mysore Sandals Millennium The Launch of India s Most Expensive Soap are highly valuable as these help in investing into external opportunities that arise. These also help Mysore Sandals Millennium The Launch of India s Most Expensive Soap in combating external threats.
• According to the VRIO Analysis of Mysore Sandals Millennium The Launch of India s Most Expensive Soap, 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 Mysore Sandals Millennium The Launch of India s Most Expensive Soap VRIO Analysis shows that Mysore Sandals Millennium The Launch of India s Most Expensive Soap'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 Mysore Sandals Millennium The Launch of India s Most Expensive Soap's products.
• According to the VRIO Analysis of Mysore Sandals Millennium The Launch of India s Most Expensive Soap, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Mysore Sandals Millennium The Launch of India s Most Expensive Soap. These patents also provide Mysore Sandals Millennium The Launch of India s Most Expensive Soap with licensing revenue when it licenses these patents out to other manufacturers.
• The Mysore Sandals Millennium The Launch of India s Most Expensive Soap VRIO Analysis shows that Mysore Sandals Millennium The Launch of India s Most Expensive Soap’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Mysore Sandals Millennium The Launch of India s Most Expensive Soap. It also ensures that promotion activities translate into sales as the products are easily available.
• According to the VRIO Analysis of Mysore Sandals Millennium The Launch of India s Most Expensive Soap, 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 Mysore Sandals Millennium The Launch of India s Most Expensive Soap VRIO Analysis shows that the research and development at Mysore Sandals Millennium The Launch of India s Most Expensive Soap 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 Mysore Sandals Millennium The Launch of India s Most Expensive Soap. It is recommended that the research and development teams are improved, and costs are cut for these.

Rare

• The financial resources of Mysore Sandals Millennium The Launch of India s Most Expensive Soap are found to be rare according to the VRIO Analysis of Mysore Sandals Millennium The Launch of India s Most Expensive Soap. 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 Mysore Sandals Millennium The Launch of India s Most Expensive Soap 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 Mysore Sandals Millennium The Launch of India s Most Expensive Soap and inhibit competitive advantage. This means that the local food products result in competitive parity for Mysore Sandals Millennium The Launch of India s Most Expensive Soap. As this resource is valuable, Mysore Sandals Millennium The Launch of India s Most Expensive Soap can still make use of this resource.
• The employees of Mysore Sandals Millennium The Launch of India s Most Expensive Soap are a rare resource as identified by the VRIO Analysis of Mysore Sandals Millennium The Launch of India s Most Expensive Soap. 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 Mysore Sandals Millennium The Launch of India s Most Expensive Soap are a rare resource as identified by the Mysore Sandals Millennium The Launch of India s Most Expensive Soap VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Mysore Sandals Millennium The Launch of India s Most Expensive Soap to use them without interference from the competition.
• The distribution network of Mysore Sandals Millennium The Launch of India s Most Expensive Soap is a rare resource as identified by the VRIO Analysis of Mysore Sandals Millennium The Launch of India s Most Expensive Soap. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Mysore Sandals Millennium The Launch of India s Most Expensive Soap. These are also possessed by very few firms in the industry.

Imitable

• The financial resources of Mysore Sandals Millennium The Launch of India s Most Expensive Soap are costly to imitate as identified by the Mysore Sandals Millennium The Launch of India s Most Expensive Soap 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 Mysore Sandals Millennium The Launch of India s Most Expensive Soap. 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 Mysore Sandals Millennium The Launch of India s Most Expensive Soap provide it with a temporary competitive advantage that competitors can too acquire in the long run.
• The employees of Mysore Sandals Millennium The Launch of India s Most Expensive Soap are also not costly to imitate as identified by the Mysore Sandals Millennium The Launch of India s Most Expensive Soap VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Mysore Sandals Millennium The Launch of India s Most Expensive Soap by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Mysore Sandals Millennium The Launch of India s Most Expensive Soap a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
• The patents of Mysore Sandals Millennium The Launch of India s Most Expensive Soap are very difficult to imitate as identified by the VRIO Analysis of Mysore Sandals Millennium The Launch of India s Most Expensive Soap. 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 Mysore Sandals Millennium The Launch of India s Most Expensive Soap is also very costly to imitate by competition as identified by the Mysore Sandals Millennium The Launch of India s Most Expensive Soap VRIO Analysis. This has been developed over the years gradually by Mysore Sandals Millennium The Launch of India s Most Expensive Soap. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.

Organisation

• The financial resources of Mysore Sandals Millennium The Launch of India s Most Expensive Soap are organised to capture value as identified by the VRIO Analysis of Mysore Sandals Millennium The Launch of India s Most Expensive Soap. 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 Mysore Sandals Millennium The Launch of India s Most Expensive Soap.
• The Patents of Mysore Sandals Millennium The Launch of India s Most Expensive Soap are not well organised as identified by the Mysore Sandals Millennium The Launch of India s Most Expensive Soap 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 Mysore Sandals Millennium The Launch of India s Most Expensive Soap starts selling patented products before the patents expire.
• The distribution network of Mysore Sandals Millennium The Launch of India s Most Expensive Soap is organised as identified by the VRIO Analysis of Mysore Sandals Millennium The Launch of India s Most Expensive Soap. Mysore Sandals Millennium The Launch of India s Most Expensive Soap 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 Mysore Sandals Millennium The Launch of India s Most Expensive Soap.

From the VRIO Analysis of Mysore Sandals Millennium The Launch of India s Most Expensive Soap, 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 Mysore Sandals Millennium The Launch of India s Most Expensive Soap is a competitive disadvantage. Research and Development is also a competitive disadvantage.