- 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 A NEW ERA OF CORPORATE CONVERSATION
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of A NEW ERA OF CORPORATE CONVERSATION will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The A NEW ERA OF CORPORATE CONVERSATION 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 A NEW ERA OF CORPORATE CONVERSATION VRIO Analysis shows that the financial resources of A NEW ERA OF CORPORATE CONVERSATION are highly valuable as these help in investing into external opportunities that arise. These also help A NEW ERA OF CORPORATE CONVERSATION in combating external threats.
- According to the VRIO Analysis of A NEW ERA OF CORPORATE CONVERSATION, 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 A NEW ERA OF CORPORATE CONVERSATION VRIO Analysis shows that A NEW ERA OF CORPORATE CONVERSATION'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 A NEW ERA OF CORPORATE CONVERSATION's products.
- According to the VRIO Analysis of A NEW ERA OF CORPORATE CONVERSATION, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for A NEW ERA OF CORPORATE CONVERSATION. These patents also provide A NEW ERA OF CORPORATE CONVERSATION with licensing revenue when it licenses these patents out to other manufacturers.
- The A NEW ERA OF CORPORATE CONVERSATION VRIO Analysis shows that A NEW ERA OF CORPORATE CONVERSATION’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for A NEW ERA OF CORPORATE CONVERSATION. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of A NEW ERA OF CORPORATE CONVERSATION, 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 A NEW ERA OF CORPORATE CONVERSATION VRIO Analysis shows that the research and development at A NEW ERA OF CORPORATE CONVERSATION 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 A NEW ERA OF CORPORATE CONVERSATION. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of A NEW ERA OF CORPORATE CONVERSATION are found to be rare according to the VRIO Analysis of A NEW ERA OF CORPORATE CONVERSATION. 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 A NEW ERA OF CORPORATE CONVERSATION 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 A NEW ERA OF CORPORATE CONVERSATION and inhibit competitive advantage. This means that the local food products result in competitive parity for A NEW ERA OF CORPORATE CONVERSATION. As this resource is valuable, A NEW ERA OF CORPORATE CONVERSATION can still make use of this resource.
- The employees of A NEW ERA OF CORPORATE CONVERSATION are a rare resource as identified by the VRIO Analysis of A NEW ERA OF CORPORATE CONVERSATION. 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 A NEW ERA OF CORPORATE CONVERSATION are a rare resource as identified by the A NEW ERA OF CORPORATE CONVERSATION VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows A NEW ERA OF CORPORATE CONVERSATION to use them without interference from the competition.
- The distribution network of A NEW ERA OF CORPORATE CONVERSATION is a rare resource as identified by the VRIO Analysis of A NEW ERA OF CORPORATE CONVERSATION. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of A NEW ERA OF CORPORATE CONVERSATION. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of A NEW ERA OF CORPORATE CONVERSATION are costly to imitate as identified by the A NEW ERA OF CORPORATE CONVERSATION 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 A NEW ERA OF CORPORATE CONVERSATION. 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 A NEW ERA OF CORPORATE CONVERSATION provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of A NEW ERA OF CORPORATE CONVERSATION are also not costly to imitate as identified by the A NEW ERA OF CORPORATE CONVERSATION VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from A NEW ERA OF CORPORATE CONVERSATION by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of A NEW ERA OF CORPORATE CONVERSATION a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of A NEW ERA OF CORPORATE CONVERSATION are very difficult to imitate as identified by the VRIO Analysis of A NEW ERA OF CORPORATE CONVERSATION. 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 A NEW ERA OF CORPORATE CONVERSATION is also very costly to imitate by competition as identified by the A NEW ERA OF CORPORATE CONVERSATION VRIO Analysis. This has been developed over the years gradually by A NEW ERA OF CORPORATE CONVERSATION. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of A NEW ERA OF CORPORATE CONVERSATION are organised to capture value as identified by the VRIO Analysis of A NEW ERA OF CORPORATE CONVERSATION. 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 A NEW ERA OF CORPORATE CONVERSATION.
- The Patents of A NEW ERA OF CORPORATE CONVERSATION are not well organised as identified by the A NEW ERA OF CORPORATE CONVERSATION 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 A NEW ERA OF CORPORATE CONVERSATION starts selling patented products before the patents expire.
- The distribution network of A NEW ERA OF CORPORATE CONVERSATION is organised as identified by the VRIO Analysis of A NEW ERA OF CORPORATE CONVERSATION. A NEW ERA OF CORPORATE CONVERSATION 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 A NEW ERA OF CORPORATE CONVERSATION.
From the VRIO Analysis of A NEW ERA OF CORPORATE CONVERSATION, 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 A NEW ERA OF CORPORATE CONVERSATION 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.
Lin Zhao
5.0
I’ve just hired this service for the third time because my two earlier papers were under the requirements of the teacher.
Yan Simon
5.0
The context, statements and writing style were perfectly matched. Overall, a great site. Thanks a lot!
Oscar Lam
5.0
The price was affordable and the delivery was fast. Highly recommended!
Nicholas
5.0
The prices of this service are highly affordable. I shared the teacher's instructions with the writer and he wrote the paper accordingly. I'm truly beholden!
Next Articles
- NAVIGATING THE LEADERSHIP CHALLENGES OF INNOVATION ECOSYSTEMS Vrio Analysis
- WHEN STRATEGY WALKS OUT THE DOOR Vrio Analysis
- WHY DIGITAL TRANSFORMATION NEEDS A HEART Vrio Analysis
- UNLEASHING CREATIVITY WITH DIGITAL TECHNOLOGY Vrio Analysis
- THE THREE NEW SKILLS MANAGERS NEED Vrio Analysis
- DIGITAL TODAY, COGNITIVE TOMORROW Vrio Analysis
- DATA SHARING AND ANALYTICS ARE DRIVING SUCCESS WITH IOT Vrio Analysis
- LP LABORATORIES LTD.: FINANCING WORKING CAPITAL, STUDENT SPREADSHEET Vrio Analysis
- MARKETING A PURE PLAY E TAILER: HISTORICAL EMPORIUM INC. (SPREADSHEET) Vrio Analysis
- THE ABSHERON PROJECT: BP’S PRODUCTION SHARING AGREEMENT IN AZERBAIJAN Vrio Analysis
Previous Articles
- HOW TO SUCCEED WITH RADICAL INNOVATION Vrio Analysis
- LEADING IN AN UNPREDICTABLE WORLD Vrio Analysis
- COMPETING WITH A GOLIATH (COMMENTARY FOR HBR CASE STUDY) Vrio Analysis
- EXECUTIVE ASSISTANTS FOR EVERYONE Vrio Analysis
- ARE YOU READY FOR ROBOT COLLEAGUES? Vrio Analysis
- WANT TO IMPROVE YOUR PORTFOLIO? CALL A SCIENTIST Vrio Analysis
- PREDICTING A FUTURE WHERE THE FUTURE IS ROUTINELY PREDICTED Vrio Analysis
- IS YOUR COMPANY READY TO OPERATE AS A MARKET? Vrio Analysis
- ETHICS AND THE ALGORITHM Vrio Analysis
- RETHINKING THE MANAGER'S ROLE 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!