- 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 Performance Appraisals Fact or Fiction
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Performance Appraisals Fact or Fiction will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Performance Appraisals Fact or Fiction 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 Performance Appraisals Fact or Fiction VRIO Analysis shows that the financial resources of Performance Appraisals Fact or Fiction are highly valuable as these help in investing into external opportunities that arise. These also help Performance Appraisals Fact or Fiction in combating external threats.
- According to the VRIO Analysis of Performance Appraisals Fact or Fiction, 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 Performance Appraisals Fact or Fiction VRIO Analysis shows that Performance Appraisals Fact or Fiction'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 Performance Appraisals Fact or Fiction's products.
- According to the VRIO Analysis of Performance Appraisals Fact or Fiction, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Performance Appraisals Fact or Fiction. These patents also provide Performance Appraisals Fact or Fiction with licensing revenue when it licenses these patents out to other manufacturers.
- The Performance Appraisals Fact or Fiction VRIO Analysis shows that Performance Appraisals Fact or Fiction’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Performance Appraisals Fact or Fiction. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Performance Appraisals Fact or Fiction, 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 Performance Appraisals Fact or Fiction VRIO Analysis shows that the research and development at Performance Appraisals Fact or Fiction 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 Performance Appraisals Fact or Fiction. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Performance Appraisals Fact or Fiction are found to be rare according to the VRIO Analysis of Performance Appraisals Fact or Fiction. 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 Performance Appraisals Fact or Fiction 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 Performance Appraisals Fact or Fiction and inhibit competitive advantage. This means that the local food products result in competitive parity for Performance Appraisals Fact or Fiction. As this resource is valuable, Performance Appraisals Fact or Fiction can still make use of this resource.
- The employees of Performance Appraisals Fact or Fiction are a rare resource as identified by the VRIO Analysis of Performance Appraisals Fact or Fiction. 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 Performance Appraisals Fact or Fiction are a rare resource as identified by the Performance Appraisals Fact or Fiction VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Performance Appraisals Fact or Fiction to use them without interference from the competition.
- The distribution network of Performance Appraisals Fact or Fiction is a rare resource as identified by the VRIO Analysis of Performance Appraisals Fact or Fiction. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Performance Appraisals Fact or Fiction. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Performance Appraisals Fact or Fiction are costly to imitate as identified by the Performance Appraisals Fact or Fiction 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 Performance Appraisals Fact or Fiction. 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 Performance Appraisals Fact or Fiction provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Performance Appraisals Fact or Fiction are also not costly to imitate as identified by the Performance Appraisals Fact or Fiction VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Performance Appraisals Fact or Fiction by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Performance Appraisals Fact or Fiction a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Performance Appraisals Fact or Fiction are very difficult to imitate as identified by the VRIO Analysis of Performance Appraisals Fact or Fiction. 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 Performance Appraisals Fact or Fiction is also very costly to imitate by competition as identified by the Performance Appraisals Fact or Fiction VRIO Analysis. This has been developed over the years gradually by Performance Appraisals Fact or Fiction. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Performance Appraisals Fact or Fiction are organised to capture value as identified by the VRIO Analysis of Performance Appraisals Fact or Fiction. 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 Performance Appraisals Fact or Fiction.
- The Patents of Performance Appraisals Fact or Fiction are not well organised as identified by the Performance Appraisals Fact or Fiction 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 Performance Appraisals Fact or Fiction starts selling patented products before the patents expire.
- The distribution network of Performance Appraisals Fact or Fiction is organised as identified by the VRIO Analysis of Performance Appraisals Fact or Fiction. Performance Appraisals Fact or Fiction 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 Performance Appraisals Fact or Fiction.
From the VRIO Analysis of Performance Appraisals Fact or Fiction, 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 Performance Appraisals Fact or Fiction 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.
Cartor Kyle
5.0
I’m satisfied with the writer and wish the same writer write all the assignments.
Patrick Mark
5.0
This service respects its clients and tries its best to compose the paper. I swear, I picked up papers from this service five times and never called it for the modification. Much thanks!
Karen Jeremy
5.0
I am super impressed with the paper quality that I got from this assignment writing brand. plagiarism free and brief document at low prices. Thanks a lot!
Anna Farcas
5.0
The best paper writing service is here. The paper that I received from this service, impressed my teacher. Thumbs Up!
Next Articles
- The Diversity Consultant (A) Vrio Analysis
- Giving Voice To Values: Brief Introduction Vrio Analysis
- Exercise: A Tale Of Two Stories—Diversity Vrio Analysis
- Exercise: A Tale Of Two Stories—Undergraduate Vrio Analysis
- Better Wrong Than Right? Delivering The "Bad" Market Research News (A) Vrio Analysis
- Apologizing At Community Hospital (A) Vrio Analysis
- A Billing Bind (A) Vrio Analysis
- Selling Flashlights In The Dark: Confronting Faulty Merchandise Vrio Analysis
- Discussions About Ethics In The Accounting Classroom: Student Assumptions And Faculty Paradigms Vrio Analysis
- The Game Just Got Bigger (A) Vrio Analysis
Previous Articles
- Mary Gentile: Transforming The Conversation Around Values Driven Behavior Vrio Analysis
- Every Client Must Be Treated Equally? (A) Vrio Analysis
- Corporate Social Responsibility Internship In India (A) Vrio Analysis
- Balancing Social Goals And Financial Viability: "Both Have To Coexist And Work Well—No Point Cribbing About It" (A) Vrio Analysis
- All's Well That Ends Well (A) Vrio Analysis
- Agency Theory And Corporate Governance Vrio Analysis
- The Independent Director's Challenge (A) Vrio Analysis
- Tidal Community Bank: Reacting To Investor Pressures (A) Vrio Analysis
- Is This Reuse Planning? (A) Vrio Analysis
- Jeff Salett: From The Top, Sort Of (A) 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!