- 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 No I in TEAM A
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of No I in TEAM A will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The No I in TEAM A 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 No I in TEAM A VRIO Analysis shows that the financial resources of No I in TEAM A are highly valuable as these help in investing into external opportunities that arise. These also help No I in TEAM A in combating external threats.
- According to the VRIO Analysis of No I in TEAM A, 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 No I in TEAM A VRIO Analysis shows that No I in TEAM A'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 No I in TEAM A's products.
- According to the VRIO Analysis of No I in TEAM A, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for No I in TEAM A. These patents also provide No I in TEAM A with licensing revenue when it licenses these patents out to other manufacturers.
- The No I in TEAM A VRIO Analysis shows that No I in TEAM A’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for No I in TEAM A. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of No I in TEAM A, 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 No I in TEAM A VRIO Analysis shows that the research and development at No I in TEAM A 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 No I in TEAM A. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of No I in TEAM A are found to be rare according to the VRIO Analysis of No I in TEAM A. 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 No I in TEAM A 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 No I in TEAM A and inhibit competitive advantage. This means that the local food products result in competitive parity for No I in TEAM A. As this resource is valuable, No I in TEAM A can still make use of this resource.
- The employees of No I in TEAM A are a rare resource as identified by the VRIO Analysis of No I in TEAM A. 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 No I in TEAM A are a rare resource as identified by the No I in TEAM A VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows No I in TEAM A to use them without interference from the competition.
- The distribution network of No I in TEAM A is a rare resource as identified by the VRIO Analysis of No I in TEAM A. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of No I in TEAM A. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of No I in TEAM A are costly to imitate as identified by the No I in TEAM A 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 No I in TEAM A. 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 No I in TEAM A provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of No I in TEAM A are also not costly to imitate as identified by the No I in TEAM A VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from No I in TEAM A by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of No I in TEAM A a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of No I in TEAM A are very difficult to imitate as identified by the VRIO Analysis of No I in TEAM A. 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 No I in TEAM A is also very costly to imitate by competition as identified by the No I in TEAM A VRIO Analysis. This has been developed over the years gradually by No I in TEAM A. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of No I in TEAM A are organised to capture value as identified by the VRIO Analysis of No I in TEAM A. 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 No I in TEAM A.
- The Patents of No I in TEAM A are not well organised as identified by the No I in TEAM A 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 No I in TEAM A starts selling patented products before the patents expire.
- The distribution network of No I in TEAM A is organised as identified by the VRIO Analysis of No I in TEAM A. No I in TEAM A 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 No I in TEAM A.
From the VRIO Analysis of No I in TEAM A, 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 No I in TEAM A 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.
Colton Brian
5.0
I was doubtful and assuming maybe you people will make the poor assignment but after proofreading I knew that it’s right. Thank you thank you sooo much!
Adrien Sari
5.0
In terms of writing style, the paper was well constructed. Besides, the teacher appraised many points of the paper.
Ruby Samuel
5.0
Thank you for a good paper, especially the citation section that consisted of 134 references. Very much satisfied!
Davide Cirillo
5.0
Willing to work with you guys again. I totally recommend this service. Prices were great and delivery was on the given timeline. Thanks a lot!
Next Articles
- How Business Schools And Faculty Can Use The Giving Voice To Values Curriculum Vrio Analysis
- "This Whole System Seems Wrong": Felipe Montez And Concerns About The Global Supply Chain Vrio Analysis
- Good Health Or Wealth: Can They Coexist? (A) Vrio Analysis
- Building A Giving Voice To Values Toolkit: Enablers For Voicing Values—an Ongoing Exercise Vrio Analysis
- Profit Maximization And Layoffs Vrio Analysis
- 'Sharek' And Employee Volunteerism: A Social Enterprise Succeeds In The Corporate World (A) Vrio Analysis
- Inflating Value (A) Vrio Analysis
- Student Privileges With Strings Attached Vrio Analysis
- "Not An Option To Even Consider:" Contending With The Pressures To Compromise (A) Vrio Analysis
- Managing Nonperforming Loans (A) Vrio Analysis
Previous Articles
- The New Associate Vrio Analysis
- Americana And Structural Unemployment In The MENA Region: A Dilemma For A Major Company (A) Vrio Analysis
- Online Identities (A) Vrio Analysis
- Disagreements And Degradation In An FME Business Vrio Analysis
- The Price (A) Vrio Analysis
- Perils Of Collaboration (A) Vrio Analysis
- Paying Bribes: Do Small Suppliers Have A Choice? Vrio Analysis
- Suspicious Sales For Swellesley Blankets Vrio Analysis
- Copyright Or Right To Copy? (A) Vrio Analysis
- Lisa Baxter: Developing A Voice 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!