- 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 NEST WEALTH ASSET MANAGEMENT INC
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of NEST WEALTH ASSET MANAGEMENT INC will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The NEST WEALTH ASSET MANAGEMENT INC 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 NEST WEALTH ASSET MANAGEMENT INC VRIO Analysis shows that the financial resources of NEST WEALTH ASSET MANAGEMENT INC are highly valuable as these help in investing into external opportunities that arise. These also help NEST WEALTH ASSET MANAGEMENT INC in combating external threats.
- According to the VRIO Analysis of NEST WEALTH ASSET MANAGEMENT INC, 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 NEST WEALTH ASSET MANAGEMENT INC VRIO Analysis shows that NEST WEALTH ASSET MANAGEMENT INC'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 NEST WEALTH ASSET MANAGEMENT INC's products.
- According to the VRIO Analysis of NEST WEALTH ASSET MANAGEMENT INC, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for NEST WEALTH ASSET MANAGEMENT INC. These patents also provide NEST WEALTH ASSET MANAGEMENT INC with licensing revenue when it licenses these patents out to other manufacturers.
- The NEST WEALTH ASSET MANAGEMENT INC VRIO Analysis shows that NEST WEALTH ASSET MANAGEMENT INC’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for NEST WEALTH ASSET MANAGEMENT INC. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of NEST WEALTH ASSET MANAGEMENT INC, 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 NEST WEALTH ASSET MANAGEMENT INC VRIO Analysis shows that the research and development at NEST WEALTH ASSET MANAGEMENT INC 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 NEST WEALTH ASSET MANAGEMENT INC. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of NEST WEALTH ASSET MANAGEMENT INC are found to be rare according to the VRIO Analysis of NEST WEALTH ASSET MANAGEMENT INC. 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 NEST WEALTH ASSET MANAGEMENT INC 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 NEST WEALTH ASSET MANAGEMENT INC and inhibit competitive advantage. This means that the local food products result in competitive parity for NEST WEALTH ASSET MANAGEMENT INC. As this resource is valuable, NEST WEALTH ASSET MANAGEMENT INC can still make use of this resource.
- The employees of NEST WEALTH ASSET MANAGEMENT INC are a rare resource as identified by the VRIO Analysis of NEST WEALTH ASSET MANAGEMENT INC. 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 NEST WEALTH ASSET MANAGEMENT INC are a rare resource as identified by the NEST WEALTH ASSET MANAGEMENT INC VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows NEST WEALTH ASSET MANAGEMENT INC to use them without interference from the competition.
- The distribution network of NEST WEALTH ASSET MANAGEMENT INC is a rare resource as identified by the VRIO Analysis of NEST WEALTH ASSET MANAGEMENT INC. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of NEST WEALTH ASSET MANAGEMENT INC. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of NEST WEALTH ASSET MANAGEMENT INC are costly to imitate as identified by the NEST WEALTH ASSET MANAGEMENT INC 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 NEST WEALTH ASSET MANAGEMENT INC. 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 NEST WEALTH ASSET MANAGEMENT INC provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of NEST WEALTH ASSET MANAGEMENT INC are also not costly to imitate as identified by the NEST WEALTH ASSET MANAGEMENT INC VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from NEST WEALTH ASSET MANAGEMENT INC by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of NEST WEALTH ASSET MANAGEMENT INC a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of NEST WEALTH ASSET MANAGEMENT INC are very difficult to imitate as identified by the VRIO Analysis of NEST WEALTH ASSET MANAGEMENT INC. 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 NEST WEALTH ASSET MANAGEMENT INC is also very costly to imitate by competition as identified by the NEST WEALTH ASSET MANAGEMENT INC VRIO Analysis. This has been developed over the years gradually by NEST WEALTH ASSET MANAGEMENT INC. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of NEST WEALTH ASSET MANAGEMENT INC are organised to capture value as identified by the VRIO Analysis of NEST WEALTH ASSET MANAGEMENT INC. 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 NEST WEALTH ASSET MANAGEMENT INC.
- The Patents of NEST WEALTH ASSET MANAGEMENT INC are not well organised as identified by the NEST WEALTH ASSET MANAGEMENT INC 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 NEST WEALTH ASSET MANAGEMENT INC starts selling patented products before the patents expire.
- The distribution network of NEST WEALTH ASSET MANAGEMENT INC is organised as identified by the VRIO Analysis of NEST WEALTH ASSET MANAGEMENT INC. NEST WEALTH ASSET MANAGEMENT INC 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 NEST WEALTH ASSET MANAGEMENT INC.
From the VRIO Analysis of NEST WEALTH ASSET MANAGEMENT INC, 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 NEST WEALTH ASSET MANAGEMENT INC 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.
Raymond Wilie
5.0
Failing to manage money was a big problem for me and I just hired this service because of the manageable payment. Now, the Research Paper is in my hands and haven't found any issue. Thanks!
Xiao Guozhi
5.0
Never have to worry about this service because it's committed and dedicated to its work. Have been utilizing this service since 2016 and always praise its performings.
Sofia Liam
5.0
The research paper was amazingly completed and I'm satisfied with this company. Highly recommended!
Bi Min
4.0
I am very gratified with the grades that I got due to this service. This paper writing service is the best place to rely on. Highly recommended!
Next Articles
- MAWLYNGOT’S TEA GROWERS' COOPERATIVE Vrio Analysis
- WENSLI SILK: SUCCESSION AND INTERNATIONAL LUXURY BRANDING Vrio Analysis
- MID STATE TRUCKING AND STORAGE Vrio Analysis
- STARTECH.COM: GLOBALIZING HARD TO FIND MADE EASY Vrio Analysis
- COOL PASTURES DAIRY: KENYA'S CHANGING MILK MARKET (A) Vrio Analysis
- HEALTHWAY MEDICAL Vrio Analysis
- MASSCHALLENGE, INC.: LAUNCHING A NON PROFIT BUSINESS ACCELERATOR (B) Vrio Analysis
- THE CANADIAN POLICE KNOWLEDGE NETWORK Vrio Analysis
- UNHAGGLE: PUTTING CUSTOMERS IN THE DRIVER'S SEAT Vrio Analysis
- COMPASSION WEB Vrio Analysis
Previous Articles
- GRIFFITHS ENERGY INTERNATIONAL: THE BOARD'S DILEMMA (B) Vrio Analysis
- B9 BEVERAGES: FROM START UP TO SCALE UP Vrio Analysis
- NIANTIC, INC.: POKEMON GO AND THE RISE OF AUGMENTED REALITY GAMING Vrio Analysis
- SYNERGY PHARMACEUTICALS SCALES UP: LICENSE OR GO IT ALONE? Vrio Analysis
- TESLA INC.: STRATEGIC PARTNERSHIPS FOR GROWTH Vrio Analysis
- GENERAL ELECTRIC AND SUEZ: DEAL OR NO DEAL? Vrio Analysis
- CHIMPCHANGE: HOW TO RAISE CAPITAL TO GROW Vrio Analysis
- FOXCONN TECHNOLOGY GROUP: ACQUIRING SHARP TO MOVE UP THE VALUE CHAIN Vrio Analysis
- FLYTENOW, INC.: REGULATORY CHALLENGES IN THE SHARING ECONOMY Vrio Analysis
- GRIFFITHS ENERGY INTERNATIONAL: THE BOARD'S DILEMMA (A) 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!