VRIO Analysis of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B

Posted by Zachary Edwards on Mar-22-2018

The VRIO Analysis of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B 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 MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B VRIO Analysis shows that the financial resources of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B are highly valuable as these help in investing into external opportunities that arise. These also help MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B in combating external threats.
• According to the VRIO Analysis of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B, 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 MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B VRIO Analysis shows that MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B'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 MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B's products.
• According to the VRIO Analysis of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B. These patents also provide MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B with licensing revenue when it licenses these patents out to other manufacturers.
• The MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B VRIO Analysis shows that MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B. It also ensures that promotion activities translate into sales as the products are easily available.
• According to the VRIO Analysis of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B, 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 MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B VRIO Analysis shows that the research and development at MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B 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 MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B. It is recommended that the research and development teams are improved, and costs are cut for these.

Rare

• The financial resources of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B are found to be rare according to the VRIO Analysis of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B. 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 MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B 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 MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B and inhibit competitive advantage. This means that the local food products result in competitive parity for MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B. As this resource is valuable, MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B can still make use of this resource.
• The employees of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B are a rare resource as identified by the VRIO Analysis of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B. 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 MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B are a rare resource as identified by the MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B to use them without interference from the competition.
• The distribution network of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B is a rare resource as identified by the VRIO Analysis of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B. These are also possessed by very few firms in the industry.

Imitable

• The financial resources of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B are costly to imitate as identified by the MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B 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 MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B. 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 MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B provide it with a temporary competitive advantage that competitors can too acquire in the long run.
• The employees of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B are also not costly to imitate as identified by the MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
• The patents of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B are very difficult to imitate as identified by the VRIO Analysis of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B. 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 MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B is also very costly to imitate by competition as identified by the MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B VRIO Analysis. This has been developed over the years gradually by MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.

Organisation

• The financial resources of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B are organised to capture value as identified by the VRIO Analysis of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B. 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 MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B.
• The Patents of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B are not well organised as identified by the MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B 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 MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B starts selling patented products before the patents expire.
• The distribution network of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B is organised as identified by the VRIO Analysis of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B. MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B 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 MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B.

From the VRIO Analysis of MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B, 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 MASSCHALLENGE INC LAUNCHING A NON-PROFIT BUSINESS ACCELERATOR B is a competitive disadvantage. Research and Development is also a competitive disadvantage.