- 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 Bose Corporation JIT II
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Bose Corporation JIT II will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Bose Corporation JIT II 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 Bose Corporation JIT II VRIO Analysis shows that the financial resources of Bose Corporation JIT II are highly valuable as these help in investing into external opportunities that arise. These also help Bose Corporation JIT II in combating external threats.
- According to the VRIO Analysis of Bose Corporation JIT II, 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 Bose Corporation JIT II VRIO Analysis shows that Bose Corporation JIT II'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 Bose Corporation JIT II's products.
- According to the VRIO Analysis of Bose Corporation JIT II, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Bose Corporation JIT II. These patents also provide Bose Corporation JIT II with licensing revenue when it licenses these patents out to other manufacturers.
- The Bose Corporation JIT II VRIO Analysis shows that Bose Corporation JIT II’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Bose Corporation JIT II. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Bose Corporation JIT II, 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 Bose Corporation JIT II VRIO Analysis shows that the research and development at Bose Corporation JIT II 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 Bose Corporation JIT II. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Bose Corporation JIT II are found to be rare according to the VRIO Analysis of Bose Corporation JIT II. 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 Bose Corporation JIT II 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 Bose Corporation JIT II and inhibit competitive advantage. This means that the local food products result in competitive parity for Bose Corporation JIT II. As this resource is valuable, Bose Corporation JIT II can still make use of this resource.
- The employees of Bose Corporation JIT II are a rare resource as identified by the VRIO Analysis of Bose Corporation JIT II. 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 Bose Corporation JIT II are a rare resource as identified by the Bose Corporation JIT II VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Bose Corporation JIT II to use them without interference from the competition.
- The distribution network of Bose Corporation JIT II is a rare resource as identified by the VRIO Analysis of Bose Corporation JIT II. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Bose Corporation JIT II. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Bose Corporation JIT II are costly to imitate as identified by the Bose Corporation JIT II 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 Bose Corporation JIT II. 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 Bose Corporation JIT II provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Bose Corporation JIT II are also not costly to imitate as identified by the Bose Corporation JIT II VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Bose Corporation JIT II by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Bose Corporation JIT II a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Bose Corporation JIT II are very difficult to imitate as identified by the VRIO Analysis of Bose Corporation JIT II. 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 Bose Corporation JIT II is also very costly to imitate by competition as identified by the Bose Corporation JIT II VRIO Analysis. This has been developed over the years gradually by Bose Corporation JIT II. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Bose Corporation JIT II are organised to capture value as identified by the VRIO Analysis of Bose Corporation JIT II. 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 Bose Corporation JIT II.
- The Patents of Bose Corporation JIT II are not well organised as identified by the Bose Corporation JIT II 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 Bose Corporation JIT II starts selling patented products before the patents expire.
- The distribution network of Bose Corporation JIT II is organised as identified by the VRIO Analysis of Bose Corporation JIT II. Bose Corporation JIT II 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 Bose Corporation JIT II.
From the VRIO Analysis of Bose Corporation JIT II, 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 Bose Corporation JIT II 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.
Dino Buccio
5.0
Experts of this service never let me down. Really like this website. Thanks a lot!
M Zagzoog
4.0
Paper was right but I believe that they could do better. This is a truly professional company. Thanks!
Sanjay Karan
5.0
I had two assignments but had no time to do them. It is unbelievable to me how the writer wrote both papers within 48 hours. Thanks a lot!
Louna David
5.0
If you need for the modification of the assignment, this paper writing service will do it the right way. So, just order it and get the desired result.
Next Articles
- Thomson Consumer Electronics (A): Global Sourcing Vrio Analysis
- Project Manager/Customer Interface Vrio Analysis
- The Fishbowl Effect Vrio Analysis
- Merchant's Tire & Auto Centers: Customer Feedback As A Quality Improvement Tool Vrio Analysis
- Megacard Corporation Vrio Analysis
- Pizza Hut Moscow Vrio Analysis
- ITT Defense: Electro Optical Products Division Vrio Analysis
- Gilbert Paper Company Vrio Analysis
- Virginia Ambulatory Surgery Center Vrio Analysis
- Learning Curve/Experience Curve Theory Vrio Analysis
Previous Articles
- Airflow Aircraft, Inc. Vrio Analysis
- Cost Analysis For Sourcing Alternatives For Emerson Electric Company ACP Division Vrio Analysis
- Brite Lite Switches, Inc. Vrio Analysis
- Note On Material Requirements Planning Vrio Analysis
- Process Mapping Exercise (B) Vrio Analysis
- Process Mapping Exercise (A) Vrio Analysis
- Inventory Flow Problems Vrio Analysis
- Tastee Snax Cookie Company (A) Vrio Analysis
- Process Performance Measures Vrio Analysis
- H. R. Anna Company 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!