- 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 The San Francisco Symphony
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of The San Francisco Symphony will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The The San Francisco Symphony 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 The San Francisco Symphony VRIO Analysis shows that the financial resources of The San Francisco Symphony are highly valuable as these help in investing into external opportunities that arise. These also help The San Francisco Symphony in combating external threats.
- According to the VRIO Analysis of The San Francisco Symphony, 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 The San Francisco Symphony VRIO Analysis shows that The San Francisco Symphony'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 The San Francisco Symphony's products.
- According to the VRIO Analysis of The San Francisco Symphony, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for The San Francisco Symphony. These patents also provide The San Francisco Symphony with licensing revenue when it licenses these patents out to other manufacturers.
- The The San Francisco Symphony VRIO Analysis shows that The San Francisco Symphony’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for The San Francisco Symphony. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of The San Francisco Symphony, 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 The San Francisco Symphony VRIO Analysis shows that the research and development at The San Francisco Symphony 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 The San Francisco Symphony. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of The San Francisco Symphony are found to be rare according to the VRIO Analysis of The San Francisco Symphony. 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 The San Francisco Symphony 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 The San Francisco Symphony and inhibit competitive advantage. This means that the local food products result in competitive parity for The San Francisco Symphony. As this resource is valuable, The San Francisco Symphony can still make use of this resource.
- The employees of The San Francisco Symphony are a rare resource as identified by the VRIO Analysis of The San Francisco Symphony. 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 The San Francisco Symphony are a rare resource as identified by the The San Francisco Symphony VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows The San Francisco Symphony to use them without interference from the competition.
- The distribution network of The San Francisco Symphony is a rare resource as identified by the VRIO Analysis of The San Francisco Symphony. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of The San Francisco Symphony. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of The San Francisco Symphony are costly to imitate as identified by the The San Francisco Symphony 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 The San Francisco Symphony. 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 The San Francisco Symphony provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of The San Francisco Symphony are also not costly to imitate as identified by the The San Francisco Symphony VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from The San Francisco Symphony by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of The San Francisco Symphony a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of The San Francisco Symphony are very difficult to imitate as identified by the VRIO Analysis of The San Francisco Symphony. 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 The San Francisco Symphony is also very costly to imitate by competition as identified by the The San Francisco Symphony VRIO Analysis. This has been developed over the years gradually by The San Francisco Symphony. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of The San Francisco Symphony are organised to capture value as identified by the VRIO Analysis of The San Francisco Symphony. 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 The San Francisco Symphony.
- The Patents of The San Francisco Symphony are not well organised as identified by the The San Francisco Symphony 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 The San Francisco Symphony starts selling patented products before the patents expire.
- The distribution network of The San Francisco Symphony is organised as identified by the VRIO Analysis of The San Francisco Symphony. The San Francisco Symphony 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 The San Francisco Symphony.
From the VRIO Analysis of The San Francisco Symphony, 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 The San Francisco Symphony 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.
Jia Bai
5.0
Well done paper! I'll definitely order again. The in-text citation was splendid. Thanks!
Morgan Shaun
5.0
This is a very great site and easy to use. Thank you for a good quality assignment! Really very suitable prices!
Min Yun
5.0
The writer was very knowledgeable and I’m very happy with the assignment that I received from this service. Thanks!
Isaac Joe
5.0
Hire this service. It won’t disappoint you. Good job. The vocabulary, use of words and style was just marvelous in the paper. Thanks a lot!
Next Articles
- The Open Source Software Challenge In 2001 Vrio Analysis
- USA Networks (B): In 2001 Vrio Analysis
- Southwest Sports Group Vrio Analysis
- Liverpool Football Club Vrio Analysis
- Yankees Entertainment & Sports (YES) Network Llc Vrio Analysis
- Valley Fire Protection Vrio Analysis
- Study Questions For Valley Fire Protection Vrio Analysis
- Carillon Assisted Living Vrio Analysis
- EBay Vrio Analysis
- The World Trade Organization And The Seattle Talks Vrio Analysis
Previous Articles
- Beginning With Children Foundation Vrio Analysis
- AT&T/MCI: The Long Distance Phone Wars (C): Subsequent Developments Vrio Analysis
- AT&T/MCI: The Long Distance Phone Wars (A): Response To MCI's Friends And Family Vrio Analysis
- AT&T/MCI: The Long Distance Phone Wars (A): MCI Introduces 'Friends And Family' Vrio Analysis
- WebMethods, Inc: Global Sales Strategy Vrio Analysis
- Lafarge: Market Entry Into Romania (B) Vrio Analysis
- Lafarge: Market Entry Into Romania (A) Vrio Analysis
- Computershare: Going Global Through Acquisitions Vrio Analysis
- Tenex Greenhouse Investors Study Questions Vrio Analysis
- HIV/AIDS In South Africa 2001, Background Note 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!