- 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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model 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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model VRIO Analysis shows that the financial resources of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model are highly valuable as these help in investing into external opportunities that arise. These also help Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model in combating external threats.
- According to the VRIO Analysis of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model, 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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model VRIO Analysis shows that Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model'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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model's products.
- According to the VRIO Analysis of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model. These patents also provide Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model with licensing revenue when it licenses these patents out to other manufacturers.
- The Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model VRIO Analysis shows that Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model, 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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model VRIO Analysis shows that the research and development at Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model 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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model are found to be rare according to the VRIO Analysis of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model. 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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model 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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model and inhibit competitive advantage. This means that the local food products result in competitive parity for Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model. As this resource is valuable, Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model can still make use of this resource.
- The employees of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model are a rare resource as identified by the VRIO Analysis of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model. 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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model are a rare resource as identified by the Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model to use them without interference from the competition.
- The distribution network of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model is a rare resource as identified by the VRIO Analysis of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model are costly to imitate as identified by the Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model 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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model. 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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model are also not costly to imitate as identified by the Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model are very difficult to imitate as identified by the VRIO Analysis of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model. 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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model is also very costly to imitate by competition as identified by the Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model VRIO Analysis. This has been developed over the years gradually by Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model are organised to capture value as identified by the VRIO Analysis of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model. 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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model.
- The Patents of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model are not well organised as identified by the Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model 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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model starts selling patented products before the patents expire.
- The distribution network of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model is organised as identified by the VRIO Analysis of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model. Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model 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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model.
From the VRIO Analysis of Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model, 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 Small Menu Costs and Large Business Cycles An Extension of the Mankiw Model 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.
Benjamin
5.0
The turnaround time and the quality of the paper were just awesome. Paper was totally composed according to my instruction. Thank you!
Gerard Khonghun
5.0
They easily fixed the issues that I found in the paper. Thank you so much!
Gokul Dharuv
4.0
These guys care about the quality of the assignment very much. I’m happy with the suitable prices and will refer this service to my friends!
Myriam Clement
4.0
The writer carefully noted down my instructions and I’m very pleased with this assignment writing help. These guys are really super impressive!
Next Articles
- Demand Oriented Trade Equilibrium Of Multi National Economies Vrio Analysis
- Is The Impact Of Foreign Loans On The Economic Growth Of Severely Indebted Underdeveloped Countries A Myth Or Reality? Corroborative Evidence Vrio Analysis
- Economic Development Initiatives Of African American Churches In Treme: The Oldest African American Neighborhood In The United States Vrio Analysis
- Dagwood Doesn’t Work Here Anymore?: The Denominator, Unemployment, And War Vrio Analysis
- On Line Mathematics Reviews And Performance In Introductory Microeconomics Vrio Analysis
- Extending The Profit Elasticity Measure Of Operating Leverage In Managerial Economics Texts Vrio Analysis
- The Monetary Approach To Balance Of Payments: A Taxonomy With A Comprehensive Reference To The Literature Vrio Analysis
- The Market Attitudes Inventory: The Development And Testing Of Reliability And Validity Vrio Analysis
- Dagwood Doesn't Work Here Anymore?: The Denominator, Unemployment, And War Vrio Analysis
- The Correlation Between Teaching Attributes And The Instructor’s Rating Vrio Analysis
Previous Articles
- Technology: Connecting The Macro With The Micro Vrio Analysis
- World War I To World War IV: A Democratic Economic Perspective Vrio Analysis
- The Impact Of Dominant Religion On International Trade Vrio Analysis
- The Monetary Approach To Balance Of Payments: A Review Of The Seminal Long Run Empirical Research Vrio Analysis
- The Contingent Workforce Vrio Analysis
- Mainstreaming Mutual Funds Vrio Analysis
- Geographical Differences In Poverty And Quality Of Life Ratings Vrio Analysis
- The Euro And Equity Markets In Euro Zone Countries Vrio Analysis
- Discriminating Buyers Of Baseball Cards: Does Race Affect Value? Vrio Analysis
- Host Country Income Effects Of Foreign Direct Investment: An Analytical Framework 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!