- 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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS 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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS VRIO Analysis shows that the financial resources of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS are highly valuable as these help in investing into external opportunities that arise. These also help WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS in combating external threats.
- According to the VRIO Analysis of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS, 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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS VRIO Analysis shows that WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS'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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS's products.
- According to the VRIO Analysis of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS. These patents also provide WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS with licensing revenue when it licenses these patents out to other manufacturers.
- The WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS VRIO Analysis shows that WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS, 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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS VRIO Analysis shows that the research and development at WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS 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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS are found to be rare according to the VRIO Analysis of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS. 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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS 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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS and inhibit competitive advantage. This means that the local food products result in competitive parity for WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS. As this resource is valuable, WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS can still make use of this resource.
- The employees of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS are a rare resource as identified by the VRIO Analysis of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS. 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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS are a rare resource as identified by the WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS to use them without interference from the competition.
- The distribution network of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS is a rare resource as identified by the VRIO Analysis of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS are costly to imitate as identified by the WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS 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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS. 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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS are also not costly to imitate as identified by the WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS are very difficult to imitate as identified by the VRIO Analysis of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS. 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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS is also very costly to imitate by competition as identified by the WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS VRIO Analysis. This has been developed over the years gradually by WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS are organised to capture value as identified by the VRIO Analysis of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS. 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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS.
- The Patents of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS are not well organised as identified by the WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS 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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS starts selling patented products before the patents expire.
- The distribution network of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS is organised as identified by the VRIO Analysis of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS. WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS 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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS.
From the VRIO Analysis of WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS, 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 WHAT MANAGERS CAN GAIN FROM ANONYMOUS CHATS 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.
Arslan Khan
5.0
This service provided me with the solution of nine questions in quick notice. I’m thankful for this fast turnaround!
Sophia Henry
5.0
I was recommended by the co-worker and put an order here. Document was in the absence of a single mistake.
Jeremy Martin
5.0
This paper writing service provided me with an entirely valid document with no trace of plagiarism. The teacher was satisfied with the assignment and I obtained an A+. Thank you so much!
Shaun Richardo Sookdeo
4.0
I am happy with the work
Next Articles
- THE PUBLIC SECTOR CAN TEACH US A LOT ABOUT DIGITIZING CUSTOMER SERVICE Vrio Analysis
- KEY WORDS FOR DIGITAL TRANSFORMATION Vrio Analysis
- TRAPPED IN THE DATA SHARING DILEMMA Vrio Analysis
- EVEN IF AI CAN CURE LONELINESS SHOULD IT? Vrio Analysis
- THE ART OF BALANCING AUTONOMY AND CONTROL Vrio Analysis
- THE HIDDEN SIDE EFFECTS OF RECOMMENDATION SYSTEMS Vrio Analysis
- DRIVING SUSTAINABILITY ORIENTED INNOVATION Vrio Analysis
- THE TRUTH ABOUT BEHAVIORAL CHANGE Vrio Analysis
- A NEW PLAYBOOK FOR DIVERSIFIED COMPANIES Vrio Analysis
- NEW WAYS TO GAUGE TALENT AND POTENTIAL Vrio Analysis
Previous Articles
- DERIVING VALUE FROM CONVERSATIONS ABOUT YOUR BRAND Vrio Analysis
- THE PROMISE OF TARGETED INNOVATION Vrio Analysis
- GROW FASTER BY CHANGING YOUR INNOVATION NARRATIVE Vrio Analysis
- MANUFACTURERS CAN ALSO WIN IN THE SHARING ECONOMY Vrio Analysis
- A NEW APPROACH TO DESIGNING WORK Vrio Analysis
- HOW TO DEVELOP A STRATEGY FOR EXECUTION Vrio Analysis
- THE TROUBLE WITH HOMOGENEOUS TEAMS Vrio Analysis
- LEADING IN A TIME OF INCREASED EXPECTATIONS Vrio Analysis
- THE BOARD'S ROLE IN MANAGING CYBERSECURITY RISKS Vrio Analysis
- COULD THE BIG TECHNOLOGY COMPANIES OF TODAY BE THE FINANCIAL ADVISERS OF TOMORROW? 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!