- 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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION 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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION VRIO Analysis shows that the financial resources of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION are highly valuable as these help in investing into external opportunities that arise. These also help HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION in combating external threats.
- According to the VRIO Analysis of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION, 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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION VRIO Analysis shows that HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION'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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION's products.
- According to the VRIO Analysis of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION. These patents also provide HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION with licensing revenue when it licenses these patents out to other manufacturers.
- The HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION VRIO Analysis shows that HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION, 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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION VRIO Analysis shows that the research and development at HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION 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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION are found to be rare according to the VRIO Analysis of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION. 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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION 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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION and inhibit competitive advantage. This means that the local food products result in competitive parity for HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION. As this resource is valuable, HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION can still make use of this resource.
- The employees of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION are a rare resource as identified by the VRIO Analysis of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION. 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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION are a rare resource as identified by the HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION to use them without interference from the competition.
- The distribution network of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION is a rare resource as identified by the VRIO Analysis of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION are costly to imitate as identified by the HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION 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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION. 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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION are also not costly to imitate as identified by the HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION are very difficult to imitate as identified by the VRIO Analysis of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION. 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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION is also very costly to imitate by competition as identified by the HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION VRIO Analysis. This has been developed over the years gradually by HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION are organised to capture value as identified by the VRIO Analysis of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION. 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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION.
- The Patents of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION are not well organised as identified by the HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION 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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION starts selling patented products before the patents expire.
- The distribution network of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION is organised as identified by the VRIO Analysis of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION. HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION 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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION.
From the VRIO Analysis of HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION, 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 HOW SOCIAL NETWORKS CREATE COMPETITIVE ADVANTAGE BUILDING YOUR REPUTATION 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.
Jeremei Stephen
5.0
I attached the paper to guide the writer on which type of the assignment the lecturer was looking for. He wrote in keeping that layout and I obtained A+. Thanks a lot!
Felix Ryan
5.0
It is very rare to find a service that is honest with its work. My assignment was appealing and different. Thank you!
Ky Amdell
5.0
Superior paper, reasonable prices and timely delivery. Will order for the future paper here.
Emilie Florent
5.0
EThe writer wrote the assignment in a persuasive tone. Prices were all right and I'm satisfied. I'm grateful!
Next Articles
- THE LIMITS OF THE LEAN STARTUP METHOD Vrio Analysis
- PERSHING SQUARE 2.0 Vrio Analysis
- WINNING BACK LOST CUSTOMERS Vrio Analysis
- FAST THINKERS ARE MORE CHARISMATIC Vrio Analysis
- THE CEO OF RIO TINTO ON MANAGING IN A HYPERCYCLICAL INDUSTRY Vrio Analysis
- BRANDING IN THE AGE OF SOCIAL MEDIA Vrio Analysis
- START UPS THAT LAST Vrio Analysis
- LEAN STRATEGY Vrio Analysis
- REIGNITING GROWTH Vrio Analysis
- THE OTHER DISRUPTION Vrio Analysis
Previous Articles
- NESTLÉ ICE CREAM IN CUBA Vrio Analysis
- CROSSING THE THIN BLUE LINE: THE CITY OF MONCTON’S STRUGGLE WITH POLICING SERVICES Vrio Analysis
- NAKEDWINES.COM—DISRUPTING THE WINE INDUSTRY? Vrio Analysis
- PRACTO Vrio Analysis
- WHAT WOULD IT TAKE TO DISRUPT A PLATFORM LIKE FACEBOOK? Vrio Analysis
- B 2 B SEGMENTATION EXERCISE Vrio Analysis
- A REFRESHER ON RANDOMIZED CONTROLLED EXPERIMENTS Vrio Analysis
- CROWD FUNDING CONCEPT AND ECONOMIC RATIONALE Vrio Analysis
- AN ANTIDOTE TO INCIVILITY Vrio Analysis
- BLITZSCALING 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!