- 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 East Timor Betting on Oil
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of East Timor Betting on Oil will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The East Timor Betting on Oil 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 East Timor Betting on Oil VRIO Analysis shows that the financial resources of East Timor Betting on Oil are highly valuable as these help in investing into external opportunities that arise. These also help East Timor Betting on Oil in combating external threats.
- According to the VRIO Analysis of East Timor Betting on Oil, 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 East Timor Betting on Oil VRIO Analysis shows that East Timor Betting on Oil'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 East Timor Betting on Oil's products.
- According to the VRIO Analysis of East Timor Betting on Oil, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for East Timor Betting on Oil. These patents also provide East Timor Betting on Oil with licensing revenue when it licenses these patents out to other manufacturers.
- The East Timor Betting on Oil VRIO Analysis shows that East Timor Betting on Oil’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for East Timor Betting on Oil. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of East Timor Betting on Oil, 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 East Timor Betting on Oil VRIO Analysis shows that the research and development at East Timor Betting on Oil 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 East Timor Betting on Oil. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of East Timor Betting on Oil are found to be rare according to the VRIO Analysis of East Timor Betting on Oil. 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 East Timor Betting on Oil 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 East Timor Betting on Oil and inhibit competitive advantage. This means that the local food products result in competitive parity for East Timor Betting on Oil. As this resource is valuable, East Timor Betting on Oil can still make use of this resource.
- The employees of East Timor Betting on Oil are a rare resource as identified by the VRIO Analysis of East Timor Betting on Oil. 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 East Timor Betting on Oil are a rare resource as identified by the East Timor Betting on Oil VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows East Timor Betting on Oil to use them without interference from the competition.
- The distribution network of East Timor Betting on Oil is a rare resource as identified by the VRIO Analysis of East Timor Betting on Oil. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of East Timor Betting on Oil. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of East Timor Betting on Oil are costly to imitate as identified by the East Timor Betting on Oil 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 East Timor Betting on Oil. 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 East Timor Betting on Oil provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of East Timor Betting on Oil are also not costly to imitate as identified by the East Timor Betting on Oil VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from East Timor Betting on Oil by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of East Timor Betting on Oil a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of East Timor Betting on Oil are very difficult to imitate as identified by the VRIO Analysis of East Timor Betting on Oil. 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 East Timor Betting on Oil is also very costly to imitate by competition as identified by the East Timor Betting on Oil VRIO Analysis. This has been developed over the years gradually by East Timor Betting on Oil. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of East Timor Betting on Oil are organised to capture value as identified by the VRIO Analysis of East Timor Betting on Oil. 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 East Timor Betting on Oil.
- The Patents of East Timor Betting on Oil are not well organised as identified by the East Timor Betting on Oil 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 East Timor Betting on Oil starts selling patented products before the patents expire.
- The distribution network of East Timor Betting on Oil is organised as identified by the VRIO Analysis of East Timor Betting on Oil. East Timor Betting on Oil 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 East Timor Betting on Oil.
From the VRIO Analysis of East Timor Betting on Oil, 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 East Timor Betting on Oil 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.
Jalen Jerome
5.0
Speechless, speechless & speechless service!
Domi Gabor
5.0
I am happy after seeing the paper. No fees issue and no need for revision!
Ziang Jing
5.0
The instructions that I mentioned for the assignment, the writer followed them. I love this service a lot!
Flora Panni
5.0
The writer wrote something exceptional than I expected. I’m really not disappointed. Thank you!
Next Articles
- Peru: Economic Miracle Or Just A Mirage? Vrio Analysis
- Sales Tax Increase In 2014 Under Abenomics: The Japanese Government's Dilemma Vrio Analysis
- The TTIP: Bridging The Transatlantic Economy Vrio Analysis
- Italy: The Good, The Bad And The Ugly Vrio Analysis
- Hong Kong: The Pursuit Of Freedom Vrio Analysis
- Business Tax Incentives Vrio Analysis
- The New Mission For Multinationals Vrio Analysis
- Egypt: The End Of The Revolution? Vrio Analysis
- The German Export Engine Vrio Analysis
- Immigration Policy In Germany Vrio Analysis
Previous Articles
- Russia: Tribulations And Toska Vrio Analysis
- South Africa: A Fractured Rainbow? Vrio Analysis
- Google In Europe: Competition Policy In The Digital Era Vrio Analysis
- China Rebalancing: Understanding Economic Governance In China Vrio Analysis
- Brexit Vrio Analysis
- Did Apple Pay Too Little Tax? Appealing The EU Ruling On Illegal State Aid Vrio Analysis
- 1 800 Buy Ireland Vrio Analysis
- Rates And Ratios Tell A Story Vrio Analysis
- China's Energy Industry Vrio Analysis
- Betting Private Capital On Fixing Public Ills: Instiglio Brings Social Impact Bonds To Colombia 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!