- 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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions 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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions VRIO Analysis shows that the financial resources of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions are highly valuable as these help in investing into external opportunities that arise. These also help Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions in combating external threats.
- According to the VRIO Analysis of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions, 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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions VRIO Analysis shows that Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions'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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions's products.
- According to the VRIO Analysis of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions. These patents also provide Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions with licensing revenue when it licenses these patents out to other manufacturers.
- The Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions VRIO Analysis shows that Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions, 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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions VRIO Analysis shows that the research and development at Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions 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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions are found to be rare according to the VRIO Analysis of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions. 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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions 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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions and inhibit competitive advantage. This means that the local food products result in competitive parity for Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions. As this resource is valuable, Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions can still make use of this resource.
- The employees of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions are a rare resource as identified by the VRIO Analysis of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions. 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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions are a rare resource as identified by the Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions to use them without interference from the competition.
- The distribution network of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions is a rare resource as identified by the VRIO Analysis of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions are costly to imitate as identified by the Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions 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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions. 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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions are also not costly to imitate as identified by the Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions are very difficult to imitate as identified by the VRIO Analysis of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions. 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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions is also very costly to imitate by competition as identified by the Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions VRIO Analysis. This has been developed over the years gradually by Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions are organised to capture value as identified by the VRIO Analysis of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions. 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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions.
- The Patents of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions are not well organised as identified by the Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions 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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions starts selling patented products before the patents expire.
- The distribution network of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions is organised as identified by the VRIO Analysis of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions. Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions 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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions.
From the VRIO Analysis of Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions, 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 Transformation of Farms in the Agrarian Economy of the Russian Federation in Modern Conditions 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.
Mazhar Mukhtiar
4.0
I’ve looked over the paper and I suppose it’s right. If the professor gives me good grades, I’ll appoint Mr. Patrick for the next assignment.
Tzu Li
5.0
Very well written paper with the authentic points. Got great marks. Thanks a lot!
Fanni Lajos
5.0
The quality was satisfactory and I’ll keep using this service in the future. Grateful!
Annie Mitch
5.0
I needed help with my assignment and this paper writing service provided me with what I was searching for. Thank you for a high-quality paper!
Next Articles
- State Regulations For The Development Of Organic Culture By Adapting European Practices To The Russian Living Style Vrio Analysis
- Comprehensive Method Of Analyzing The Investment Potential Of Industrial Enterprises Vrio Analysis
- Potential Of Institutional Project Development In The Resource Management System In The Agrarian Sector Vrio Analysis
- Public Private Partnership In The Social Infrastructure Of The Russian Federation: Features, Problems, Strategic Directions For Implementation Vrio Analysis
- Managing The Development Of High Tech Enterprises Based On Foresighting Vrio Analysis
- Development Trends Of Russia's Meat Industry Vrio Analysis
- Import Substitution Strategy And Ways Of Marketing, Its Implementation Using The Dairy Industry Of The Russian Federation As An Example Vrio Analysis
- Volunteer Activity As A Factor In The Development Of Cultural Tourism In The Russian Federation Vrio Analysis
- Building The Probabilistic Model Of Quantitative Risk Analysis Of Enterprise Development Vrio Analysis
- The Peculiarities Of The Establishment Of Partner Relations Between Local Self Government Bodies And Entrepreneurs Vrio Analysis
Previous Articles
- Work Life Balance Initiative As A Predictor Of Employees' Behavioural Outcomes Vrio Analysis
- Evolution Of Consumer Brand Relationship Research Vrio Analysis
- Determinant Factors Influencing The Accountability Of Village Financial Management Vrio Analysis
- Market Friendly Approach On Islamic Bank's Non Muslim Customer In Palembang And Its Effect On Attitude Vrio Analysis
- Moderation Effects Of Power Distance On The Relationship Between Job Characteristics, Leadership Empowerment, Employee Participation And Job Satisfaction: A Conceptual Framework Vrio Analysis
- The Influence Of Entrepreneurs' Strategic Agility And Dynamic Capability On The Opportunity Pursuit Process Of New Ventures: Evidence From South Korea Vrio Analysis
- The Impact Of Behavioral Complexity On Exploitative And Explorative Behavior Among Owner Managers Of SMEs In Malaysia Vrio Analysis
- The Effect Of Conflict Management In Thai Public Sector Sport Organizations On Employee Job Satisfaction And Perceived Organizational Performance Vrio Analysis
- Corporate Governance And Performance Of Financial Institutions In Kenya Vrio Analysis
- Perception Of Innovations By Public Enterprises In Kazakhstan 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!