- 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 FORMATTING REPORTS
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of FORMATTING REPORTS will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The FORMATTING REPORTS 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 FORMATTING REPORTS VRIO Analysis shows that the financial resources of FORMATTING REPORTS are highly valuable as these help in investing into external opportunities that arise. These also help FORMATTING REPORTS in combating external threats.
- According to the VRIO Analysis of FORMATTING REPORTS, 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 FORMATTING REPORTS VRIO Analysis shows that FORMATTING REPORTS'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 FORMATTING REPORTS's products.
- According to the VRIO Analysis of FORMATTING REPORTS, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for FORMATTING REPORTS. These patents also provide FORMATTING REPORTS with licensing revenue when it licenses these patents out to other manufacturers.
- The FORMATTING REPORTS VRIO Analysis shows that FORMATTING REPORTS’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for FORMATTING REPORTS. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of FORMATTING REPORTS, 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 FORMATTING REPORTS VRIO Analysis shows that the research and development at FORMATTING REPORTS 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 FORMATTING REPORTS. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of FORMATTING REPORTS are found to be rare according to the VRIO Analysis of FORMATTING REPORTS. 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 FORMATTING REPORTS 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 FORMATTING REPORTS and inhibit competitive advantage. This means that the local food products result in competitive parity for FORMATTING REPORTS. As this resource is valuable, FORMATTING REPORTS can still make use of this resource.
- The employees of FORMATTING REPORTS are a rare resource as identified by the VRIO Analysis of FORMATTING REPORTS. 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 FORMATTING REPORTS are a rare resource as identified by the FORMATTING REPORTS VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows FORMATTING REPORTS to use them without interference from the competition.
- The distribution network of FORMATTING REPORTS is a rare resource as identified by the VRIO Analysis of FORMATTING REPORTS. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of FORMATTING REPORTS. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of FORMATTING REPORTS are costly to imitate as identified by the FORMATTING REPORTS 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 FORMATTING REPORTS. 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 FORMATTING REPORTS provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of FORMATTING REPORTS are also not costly to imitate as identified by the FORMATTING REPORTS VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from FORMATTING REPORTS by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of FORMATTING REPORTS a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of FORMATTING REPORTS are very difficult to imitate as identified by the VRIO Analysis of FORMATTING REPORTS. 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 FORMATTING REPORTS is also very costly to imitate by competition as identified by the FORMATTING REPORTS VRIO Analysis. This has been developed over the years gradually by FORMATTING REPORTS. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of FORMATTING REPORTS are organised to capture value as identified by the VRIO Analysis of FORMATTING REPORTS. 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 FORMATTING REPORTS.
- The Patents of FORMATTING REPORTS are not well organised as identified by the FORMATTING REPORTS 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 FORMATTING REPORTS starts selling patented products before the patents expire.
- The distribution network of FORMATTING REPORTS is organised as identified by the VRIO Analysis of FORMATTING REPORTS. FORMATTING REPORTS 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 FORMATTING REPORTS.
From the VRIO Analysis of FORMATTING REPORTS, 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 FORMATTING REPORTS 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.
Devyani Garg
4.0
Assignment was in my hand after 11 hours from the time when I placed the order. Now I’m fully excited about the sports because I know this service will help me as much as it did now.
Gen Sai
5.0
I will ask for help from this firm on the strength of that I got A+ grade in Economics, the most confusing subject.
Aurora Domenico
5.0
There’s no need to worry about the dissertation because this customer service has the world best writers. Highly recommended!
Isabella Edison
5.0
This service deserves five stars. My experience has been fascinating with this assignment writing service. Thanks a lot!
Next Articles
- ILLUSTRATING REPORTS Vrio Analysis
- REPORTING BUSINESS RESEARCH Vrio Analysis
- PRESENTING AN ORAL REPORT Vrio Analysis
- SOHO CHINA: TRANSFORMATION IN PROGRESS Vrio Analysis
- PI INVESTMENTS Vrio Analysis
- JOAN BAVARIA AND MULTI DIMENSIONAL CAPITALISM Vrio Analysis
- ZENRECRUIT: SALES COACHING AND PERFORMANCE REVIEWS Vrio Analysis
- SURGICAL CARE FOR LOW INCOME, RURAL POPULATIONS: AN ALTERNATIVE DELIVERY MODEL FROM JAN SWASTHYA SAHYOG, INDIA Vrio Analysis
- THE BATTLE FOR VALUE, 2016: FEDEX CORP. VERSUS UNITED PARCEL SERVICE, INC. (STUDENT SPREADSHEET) Vrio Analysis
- CAUSE AND EFFECT EXHIBITS, SPREADSHEET Vrio Analysis
Previous Articles
- FIRST DRAFT TO FINAL DRAFT Vrio Analysis
- THE DE BEERS GROUP: EXPLORING THE DIAMOND RESELLING OPPORTUNITY, SPREADSHEET SUPPLEMENT Vrio Analysis
- MYTIME Vrio Analysis
- BANKRUPTCY AT CAESARS ENTERTAINMENT, SPREADSHEET SUPPLEMENT Vrio Analysis
- STATE STREET THE DEVELOPMENT AND GROWTH OF SHE Vrio Analysis
- HELVETIA INSURANCE’S DIM SUM BOND INVESTMENT Vrio Analysis
- CRITIQUES OF MONETARY POLICY Vrio Analysis
- CENTRAL BANKS AND THE MONEY SUPPLY Vrio Analysis
- INTEREST RATES AND FINANCIAL MARKETS Vrio Analysis
- MONEY AND INCOME 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!