- 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 The Electric Automotive Industry in 2013
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of The Electric Automotive Industry in 2013 will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The The Electric Automotive Industry in 2013 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 The Electric Automotive Industry in 2013 VRIO Analysis shows that the financial resources of The Electric Automotive Industry in 2013 are highly valuable as these help in investing into external opportunities that arise. These also help The Electric Automotive Industry in 2013 in combating external threats.
- According to the VRIO Analysis of The Electric Automotive Industry in 2013, 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 The Electric Automotive Industry in 2013 VRIO Analysis shows that The Electric Automotive Industry in 2013'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 The Electric Automotive Industry in 2013's products.
- According to the VRIO Analysis of The Electric Automotive Industry in 2013, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for The Electric Automotive Industry in 2013. These patents also provide The Electric Automotive Industry in 2013 with licensing revenue when it licenses these patents out to other manufacturers.
- The The Electric Automotive Industry in 2013 VRIO Analysis shows that The Electric Automotive Industry in 2013’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for The Electric Automotive Industry in 2013. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of The Electric Automotive Industry in 2013, 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 The Electric Automotive Industry in 2013 VRIO Analysis shows that the research and development at The Electric Automotive Industry in 2013 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 The Electric Automotive Industry in 2013. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of The Electric Automotive Industry in 2013 are found to be rare according to the VRIO Analysis of The Electric Automotive Industry in 2013. 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 The Electric Automotive Industry in 2013 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 The Electric Automotive Industry in 2013 and inhibit competitive advantage. This means that the local food products result in competitive parity for The Electric Automotive Industry in 2013. As this resource is valuable, The Electric Automotive Industry in 2013 can still make use of this resource.
- The employees of The Electric Automotive Industry in 2013 are a rare resource as identified by the VRIO Analysis of The Electric Automotive Industry in 2013. 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 The Electric Automotive Industry in 2013 are a rare resource as identified by the The Electric Automotive Industry in 2013 VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows The Electric Automotive Industry in 2013 to use them without interference from the competition.
- The distribution network of The Electric Automotive Industry in 2013 is a rare resource as identified by the VRIO Analysis of The Electric Automotive Industry in 2013. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of The Electric Automotive Industry in 2013. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of The Electric Automotive Industry in 2013 are costly to imitate as identified by the The Electric Automotive Industry in 2013 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 The Electric Automotive Industry in 2013. 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 The Electric Automotive Industry in 2013 provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of The Electric Automotive Industry in 2013 are also not costly to imitate as identified by the The Electric Automotive Industry in 2013 VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from The Electric Automotive Industry in 2013 by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of The Electric Automotive Industry in 2013 a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of The Electric Automotive Industry in 2013 are very difficult to imitate as identified by the VRIO Analysis of The Electric Automotive Industry in 2013. 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 The Electric Automotive Industry in 2013 is also very costly to imitate by competition as identified by the The Electric Automotive Industry in 2013 VRIO Analysis. This has been developed over the years gradually by The Electric Automotive Industry in 2013. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of The Electric Automotive Industry in 2013 are organised to capture value as identified by the VRIO Analysis of The Electric Automotive Industry in 2013. 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 The Electric Automotive Industry in 2013.
- The Patents of The Electric Automotive Industry in 2013 are not well organised as identified by the The Electric Automotive Industry in 2013 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 The Electric Automotive Industry in 2013 starts selling patented products before the patents expire.
- The distribution network of The Electric Automotive Industry in 2013 is organised as identified by the VRIO Analysis of The Electric Automotive Industry in 2013. The Electric Automotive Industry in 2013 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 The Electric Automotive Industry in 2013.
From the VRIO Analysis of The Electric Automotive Industry in 2013, 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 The Electric Automotive Industry in 2013 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.
Reem Moutaz
5.0
When I pasted the document on Grammarly, it was perfect. The plagiarism rate was also low. It's good.
Jack Tristan
4.0
The expert is my hero who accomplished a well-organized document. Thank you for offering a top class service.
Eva Maurizo
5.0
This service is amazing and one doesn't have to wait for a long time for getting the document. Was skeptical but everything is okay now. Thank you!
Noamie Steven
5.0
Plagiarism-free assignment! This is a very good service for college students. Highly recommended!
Next Articles
- JH Men's Apparel: Building A Brand In China Vrio Analysis
- Competition Simulator Exercise: Questions Vrio Analysis
- Following Lance Armstrong: Excellence Corrupted, Spanish Version Vrio Analysis
- Value Retail (B) China: Opportunities For Expansion' Vrio Analysis
- The Tata Nano: The People's Car (Abridged) Vrio Analysis
- Tencent's Business Model Vrio Analysis
- Ontela PicDeck (B) Spanish Translation Vrio Analysis
- Oceanbulk Maritime S.A. Vrio Analysis
- Searching For A Retirement Plan Vrio Analysis
- Project Finance For Autopistas Del Centro, Spanish Version Vrio Analysis
Previous Articles
- Profitable Growth: Avoiding The 'Growth Fetish' In Emerging Markets Vrio Analysis
- Avoiding A "Me" Versus "We" Dilemma: Using Performance Management To Turn Teams Into A Source Of Competitive Advantage Vrio Analysis
- A Few Good Women At The Top: The China Case Vrio Analysis
- Smith Family Financial Plan (A) Vrio Analysis
- "Way Smarter": Valuair In The Budget Airline Industry Vrio Analysis
- MercadoLibre Vrio Analysis
- BMVSS: Changing Lives, One Jaipur Limb At A Time Vrio Analysis
- Amul Dairy Vrio Analysis
- Powerven: When It Is Imperative To Change, Spanish Version Vrio Analysis
- Amway China: Arduous Road To Success (B) 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!