- 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 BIRCH POINT LODGE
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of BIRCH POINT LODGE will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The BIRCH POINT LODGE 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 BIRCH POINT LODGE VRIO Analysis shows that the financial resources of BIRCH POINT LODGE are highly valuable as these help in investing into external opportunities that arise. These also help BIRCH POINT LODGE in combating external threats.
- According to the VRIO Analysis of BIRCH POINT LODGE, 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 BIRCH POINT LODGE VRIO Analysis shows that BIRCH POINT LODGE'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 BIRCH POINT LODGE's products.
- According to the VRIO Analysis of BIRCH POINT LODGE, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for BIRCH POINT LODGE. These patents also provide BIRCH POINT LODGE with licensing revenue when it licenses these patents out to other manufacturers.
- The BIRCH POINT LODGE VRIO Analysis shows that BIRCH POINT LODGE’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for BIRCH POINT LODGE. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of BIRCH POINT LODGE, 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 BIRCH POINT LODGE VRIO Analysis shows that the research and development at BIRCH POINT LODGE 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 BIRCH POINT LODGE. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of BIRCH POINT LODGE are found to be rare according to the VRIO Analysis of BIRCH POINT LODGE. 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 BIRCH POINT LODGE 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 BIRCH POINT LODGE and inhibit competitive advantage. This means that the local food products result in competitive parity for BIRCH POINT LODGE. As this resource is valuable, BIRCH POINT LODGE can still make use of this resource.
- The employees of BIRCH POINT LODGE are a rare resource as identified by the VRIO Analysis of BIRCH POINT LODGE. 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 BIRCH POINT LODGE are a rare resource as identified by the BIRCH POINT LODGE VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows BIRCH POINT LODGE to use them without interference from the competition.
- The distribution network of BIRCH POINT LODGE is a rare resource as identified by the VRIO Analysis of BIRCH POINT LODGE. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of BIRCH POINT LODGE. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of BIRCH POINT LODGE are costly to imitate as identified by the BIRCH POINT LODGE 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 BIRCH POINT LODGE. 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 BIRCH POINT LODGE provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of BIRCH POINT LODGE are also not costly to imitate as identified by the BIRCH POINT LODGE VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from BIRCH POINT LODGE by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of BIRCH POINT LODGE a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of BIRCH POINT LODGE are very difficult to imitate as identified by the VRIO Analysis of BIRCH POINT LODGE. 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 BIRCH POINT LODGE is also very costly to imitate by competition as identified by the BIRCH POINT LODGE VRIO Analysis. This has been developed over the years gradually by BIRCH POINT LODGE. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of BIRCH POINT LODGE are organised to capture value as identified by the VRIO Analysis of BIRCH POINT LODGE. 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 BIRCH POINT LODGE.
- The Patents of BIRCH POINT LODGE are not well organised as identified by the BIRCH POINT LODGE 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 BIRCH POINT LODGE starts selling patented products before the patents expire.
- The distribution network of BIRCH POINT LODGE is organised as identified by the VRIO Analysis of BIRCH POINT LODGE. BIRCH POINT LODGE 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 BIRCH POINT LODGE.
From the VRIO Analysis of BIRCH POINT LODGE, 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 BIRCH POINT LODGE 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.
Jon Mahali
5.0
This is an attractive place to put your trust because it never created a chance for me to regret it. I was with this company and I would be with this company. Thank you so much!
Nassali Arene
4.0
Analyzing the data was an unsettling task but this company handled it in a perfect way.
Jakob Jonas
5.0
I would like to have gorgeous words for the expert and thank her too. Thank you Sarah!
Matteo Samuel
5.0
Going to do MPhil and hope this service will be with me just like earlier. Thank you!
Next Articles
- Six Sigma: A Basic Overview Vrio Analysis
- BEIJING HUAZHANG GRAPHICS AND INFORMATION CO. Vrio Analysis
- PEMBINA PIPELINE CORPORATION Vrio Analysis
- NES CHINA: BUSINESS ETHICS (A) Vrio Analysis
- HOTYE UNITED ELECTRONIC SERVICES Vrio Analysis
- KOMANDOR SA (A) Vrio Analysis
- NINTENDO THE LAUNCH OF GAME BOY COLOR Vrio Analysis
- GLEGG WATER COMPANY AND E CELL: SECURING THE ADOPTION OF A SUPERIOR TECHNOLOGY Vrio Analysis
- AVOIDING DISCRIMINATION IN EMPLOYMENT SELECTION AND RETENTION: SOME LEGAL ISSUES Vrio Analysis
- CHAUVCO RESOURCES LTD.: THE ARGENTINA DECISIONS (A) (ABRIDGED) Vrio Analysis
Previous Articles
- PERCY GROUP: OPPORTUNITY IN THE RETIREMENT HOME INDUSTRY Vrio Analysis
- NOTE ON MULTI CHANNEL RETAILING Vrio Analysis
- INDUSTRY NOTE: BIOTECHNOLOGY IN CANADA Vrio Analysis
- TRAIN DOGS, DEVELOP LEADERS Vrio Analysis
- LEADERS AS STRATEGIC COMMUNICATORS Vrio Analysis
- PRIMAL LEADERSHIP, WITH DANIEL GOLEMAN Vrio Analysis
- THE ANYTHING BUT UNREMARKABLE LESSONS OF THE QUIET LEADER Vrio Analysis
- MONSANTO EUROPE (B) Vrio Analysis
- BRUCE CRUICKSHANK Vrio Analysis
- WELCOME PHARMACEUTICALS 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!