- 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 Active Learning and the Advanced Placement Economics Program
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Active Learning and the Advanced Placement Economics Program will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Active Learning and the Advanced Placement Economics Program 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 Active Learning and the Advanced Placement Economics Program VRIO Analysis shows that the financial resources of Active Learning and the Advanced Placement Economics Program are highly valuable as these help in investing into external opportunities that arise. These also help Active Learning and the Advanced Placement Economics Program in combating external threats.
- According to the VRIO Analysis of Active Learning and the Advanced Placement Economics Program, 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 Active Learning and the Advanced Placement Economics Program VRIO Analysis shows that Active Learning and the Advanced Placement Economics Program'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 Active Learning and the Advanced Placement Economics Program's products.
- According to the VRIO Analysis of Active Learning and the Advanced Placement Economics Program, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Active Learning and the Advanced Placement Economics Program. These patents also provide Active Learning and the Advanced Placement Economics Program with licensing revenue when it licenses these patents out to other manufacturers.
- The Active Learning and the Advanced Placement Economics Program VRIO Analysis shows that Active Learning and the Advanced Placement Economics Program’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Active Learning and the Advanced Placement Economics Program. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Active Learning and the Advanced Placement Economics Program, 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 Active Learning and the Advanced Placement Economics Program VRIO Analysis shows that the research and development at Active Learning and the Advanced Placement Economics Program 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 Active Learning and the Advanced Placement Economics Program. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Active Learning and the Advanced Placement Economics Program are found to be rare according to the VRIO Analysis of Active Learning and the Advanced Placement Economics Program. 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 Active Learning and the Advanced Placement Economics Program 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 Active Learning and the Advanced Placement Economics Program and inhibit competitive advantage. This means that the local food products result in competitive parity for Active Learning and the Advanced Placement Economics Program. As this resource is valuable, Active Learning and the Advanced Placement Economics Program can still make use of this resource.
- The employees of Active Learning and the Advanced Placement Economics Program are a rare resource as identified by the VRIO Analysis of Active Learning and the Advanced Placement Economics Program. 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 Active Learning and the Advanced Placement Economics Program are a rare resource as identified by the Active Learning and the Advanced Placement Economics Program VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Active Learning and the Advanced Placement Economics Program to use them without interference from the competition.
- The distribution network of Active Learning and the Advanced Placement Economics Program is a rare resource as identified by the VRIO Analysis of Active Learning and the Advanced Placement Economics Program. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Active Learning and the Advanced Placement Economics Program. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Active Learning and the Advanced Placement Economics Program are costly to imitate as identified by the Active Learning and the Advanced Placement Economics Program 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 Active Learning and the Advanced Placement Economics Program. 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 Active Learning and the Advanced Placement Economics Program provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Active Learning and the Advanced Placement Economics Program are also not costly to imitate as identified by the Active Learning and the Advanced Placement Economics Program VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Active Learning and the Advanced Placement Economics Program by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Active Learning and the Advanced Placement Economics Program a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Active Learning and the Advanced Placement Economics Program are very difficult to imitate as identified by the VRIO Analysis of Active Learning and the Advanced Placement Economics Program. 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 Active Learning and the Advanced Placement Economics Program is also very costly to imitate by competition as identified by the Active Learning and the Advanced Placement Economics Program VRIO Analysis. This has been developed over the years gradually by Active Learning and the Advanced Placement Economics Program. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Active Learning and the Advanced Placement Economics Program are organised to capture value as identified by the VRIO Analysis of Active Learning and the Advanced Placement Economics Program. 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 Active Learning and the Advanced Placement Economics Program.
- The Patents of Active Learning and the Advanced Placement Economics Program are not well organised as identified by the Active Learning and the Advanced Placement Economics Program 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 Active Learning and the Advanced Placement Economics Program starts selling patented products before the patents expire.
- The distribution network of Active Learning and the Advanced Placement Economics Program is organised as identified by the VRIO Analysis of Active Learning and the Advanced Placement Economics Program. Active Learning and the Advanced Placement Economics Program 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 Active Learning and the Advanced Placement Economics Program.
From the VRIO Analysis of Active Learning and the Advanced Placement Economics Program, 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 Active Learning and the Advanced Placement Economics Program 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.
Ryan Jack
5.0
As compared to my previous paper this one is more explained and well structured. Thanks!
Arthur Jeremy
5.0
The irritable clients like me who ask questions constantly; this service is a good option for them.
Saverio
5.0
I was thrilled when I obtained the paper from this service. It was returned on time and properly formatted. Thank you for the great assignment!
Hannah Cody
5.0
Easy to use this service. The support team responded to me whenever I asked any queries. The cost was reasonable. Will definitely hire this service in the future.
Next Articles
- Where's The Beef?' Economics, The Main Course, Is Missing From The New Texas Core Curriculum Vrio Analysis
- The Effectiveness Of Virtual Learning In Economics Vrio Analysis
- Program Evaluation And Delivery In Economics Education Vrio Analysis
- The Thrill Of Simplicity, The Agony Of Realism: An Assessment Of The Sport Of Utility Theory Vrio Analysis
- Retail Industry Structure: 1977 1992 Vrio Analysis
- Perceived Barriers Of Hud Heads Of Household To Home Ownership, With Implications For Federal Housing And Employment Policy Vrio Analysis
- Social Media: A Leadership Challenge Vrio Analysis
- The Impact Of Long Commuting On The Working Individual Vrio Analysis
- Territory And Privacy In Academic Workspaces Vrio Analysis
- Culture Predicting Leadership Vrio Analysis
Previous Articles
- Integrating Financial Economics Into The High School Curriculum Vrio Analysis
- Cutting The Diamond Of Comparative Advantage Vrio Analysis
- Student Performance Factors In Economics And Economic Education Vrio Analysis
- A Video On Demand Project Evaluation: Implications For Developing An Entrepreneurial Model For Economic Instruction Vrio Analysis
- Assessing Economic Understanding In The Early Grades Vrio Analysis
- An Inter Disciplinary Comparison Of Publishing Performance Vrio Analysis
- Economic Education: Building On Strength, The Key To The Future Vrio Analysis
- Auditor Independence And Internal Information Systems Audit Quality Vrio Analysis
- Entrepreneurial Ecosystems: Evolutionary Paths Or Differentiated Systems? Vrio Analysis
- Guilty As Charged Or Thrown Under The Bus?: Major League Baseball's Case Against Roger Clemens 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!