- 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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Developing a Framework of Reflective Intuitive Knowing in Innovation Management will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Developing a Framework of Reflective Intuitive Knowing in Innovation Management 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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management VRIO Analysis shows that the financial resources of Developing a Framework of Reflective Intuitive Knowing in Innovation Management are highly valuable as these help in investing into external opportunities that arise. These also help Developing a Framework of Reflective Intuitive Knowing in Innovation Management in combating external threats.
- According to the VRIO Analysis of Developing a Framework of Reflective Intuitive Knowing in Innovation Management, 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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management VRIO Analysis shows that Developing a Framework of Reflective Intuitive Knowing in Innovation Management'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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management's products.
- According to the VRIO Analysis of Developing a Framework of Reflective Intuitive Knowing in Innovation Management, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Developing a Framework of Reflective Intuitive Knowing in Innovation Management. These patents also provide Developing a Framework of Reflective Intuitive Knowing in Innovation Management with licensing revenue when it licenses these patents out to other manufacturers.
- The Developing a Framework of Reflective Intuitive Knowing in Innovation Management VRIO Analysis shows that Developing a Framework of Reflective Intuitive Knowing in Innovation Management’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Developing a Framework of Reflective Intuitive Knowing in Innovation Management. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Developing a Framework of Reflective Intuitive Knowing in Innovation Management, 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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management VRIO Analysis shows that the research and development at Developing a Framework of Reflective Intuitive Knowing in Innovation Management 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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Developing a Framework of Reflective Intuitive Knowing in Innovation Management are found to be rare according to the VRIO Analysis of Developing a Framework of Reflective Intuitive Knowing in Innovation Management. 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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management 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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management and inhibit competitive advantage. This means that the local food products result in competitive parity for Developing a Framework of Reflective Intuitive Knowing in Innovation Management. As this resource is valuable, Developing a Framework of Reflective Intuitive Knowing in Innovation Management can still make use of this resource.
- The employees of Developing a Framework of Reflective Intuitive Knowing in Innovation Management are a rare resource as identified by the VRIO Analysis of Developing a Framework of Reflective Intuitive Knowing in Innovation Management. 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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management are a rare resource as identified by the Developing a Framework of Reflective Intuitive Knowing in Innovation Management VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Developing a Framework of Reflective Intuitive Knowing in Innovation Management to use them without interference from the competition.
- The distribution network of Developing a Framework of Reflective Intuitive Knowing in Innovation Management is a rare resource as identified by the VRIO Analysis of Developing a Framework of Reflective Intuitive Knowing in Innovation Management. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Developing a Framework of Reflective Intuitive Knowing in Innovation Management. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Developing a Framework of Reflective Intuitive Knowing in Innovation Management are costly to imitate as identified by the Developing a Framework of Reflective Intuitive Knowing in Innovation Management 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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management. 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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Developing a Framework of Reflective Intuitive Knowing in Innovation Management are also not costly to imitate as identified by the Developing a Framework of Reflective Intuitive Knowing in Innovation Management VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Developing a Framework of Reflective Intuitive Knowing in Innovation Management by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Developing a Framework of Reflective Intuitive Knowing in Innovation Management a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Developing a Framework of Reflective Intuitive Knowing in Innovation Management are very difficult to imitate as identified by the VRIO Analysis of Developing a Framework of Reflective Intuitive Knowing in Innovation Management. 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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management is also very costly to imitate by competition as identified by the Developing a Framework of Reflective Intuitive Knowing in Innovation Management VRIO Analysis. This has been developed over the years gradually by Developing a Framework of Reflective Intuitive Knowing in Innovation Management. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Developing a Framework of Reflective Intuitive Knowing in Innovation Management are organised to capture value as identified by the VRIO Analysis of Developing a Framework of Reflective Intuitive Knowing in Innovation Management. 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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management.
- The Patents of Developing a Framework of Reflective Intuitive Knowing in Innovation Management are not well organised as identified by the Developing a Framework of Reflective Intuitive Knowing in Innovation Management 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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management starts selling patented products before the patents expire.
- The distribution network of Developing a Framework of Reflective Intuitive Knowing in Innovation Management is organised as identified by the VRIO Analysis of Developing a Framework of Reflective Intuitive Knowing in Innovation Management. Developing a Framework of Reflective Intuitive Knowing in Innovation Management 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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management.
From the VRIO Analysis of Developing a Framework of Reflective Intuitive Knowing in Innovation Management, 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 Developing a Framework of Reflective Intuitive Knowing in Innovation Management 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.
Madison Lowman
4.0
I found an issue in the citation section. They edited it and I am satisfied now. Plenty of thanks!
Khalid Majid
5.0
I am supposed to complete the term paper of strategy that is not included in my interested field. Downloaded the paper from this service rightly and I am happy because the assignment is all right.
Gabriele Levi
5.0
The Term Paper was in proper flaw and glad to know the result that was announced right now and contained an A grade.
Ying Yu
5.0
Would like to hire this service for those students who are looking for the appropriate service. You guys are really nice. Original paper and affordable prices! Thank you!
Next Articles
- Identifying The Cultural Factors Affecting The Acceptance Of IT Culture Among The Personnel Working In Industries Accommodated In The Technology & Industry Park In East Azerbaijan Province Tabriz Vrio Analysis
- Globalization Of Korean Universities: Markets, Strategies And Performances Vrio Analysis
- The Influence Of Business Restructuring In Public Sector Unit On The Relationship Between Organizational Climate, Perceived Performance And Job Satisfaction Vrio Analysis
- Entrepreneurship Educator's Competence On University Students' Commitment To Learning And Business Plan Writing Vrio Analysis
- Talent Management And Value Creation: A Conceptual Framework Vrio Analysis
- The Influence Of Institutional Partnership And Hospital Reputation On Hospital Performance In West Kalimantan Vrio Analysis
- Analyzing The Use Of Strategic Management Tools And Techniques Between Iranian Firms Vrio Analysis
- A Shift In Leadership Vrio Analysis
- Shareholder Value And Crisis Communication Patterns: An Analysis Of The Ford And Firestone Tire Recall Vrio Analysis
- Empirical Differences Between Roe Growing And Roe Declining Firms In Resource Sourcing, Allocation And Management Vrio Analysis
Previous Articles
- TQM Perspectives Under The Competitive Strategies And The Organization Performance In Kenyan Manufacturing Sector Vrio Analysis
- Can Managers Be Really Objective? Bias In Multicriteria Decision Analysis Vrio Analysis
- E Commerce And The Newspaper Industry: Determinants To First Movership Vrio Analysis
- Walmart Bharti Joint Venture: Formation, Breakup, & Strategies Vrio Analysis
- Analysis Of Cross Border Acquisitions By Indian Information Technology Sector Firms (Part 2) Vrio Analysis
- From SWOT To Value Appropriation: Career Implications Vrio Analysis
- Diffusion Of A Twentieth Century Innovation Vrio Analysis
- Analysis Of Cross Border Acquisitions By Indian Information Technology Sector Firms (Part 1) Vrio Analysis
- Impact Of Total Quality Management Implementation On Effectiveness Of Human Resource Management In The Jordanian Banking Sector From Employees' Perspective Vrio Analysis
- Training Camp: Effects Of An Educational Program For Self Management, On Adolescents With Spina Bifida 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!