- 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 Relationship Marketing Japanese Style
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Relationship Marketing Japanese Style will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Relationship Marketing Japanese Style 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 Relationship Marketing Japanese Style VRIO Analysis shows that the financial resources of Relationship Marketing Japanese Style are highly valuable as these help in investing into external opportunities that arise. These also help Relationship Marketing Japanese Style in combating external threats.
- According to the VRIO Analysis of Relationship Marketing Japanese Style, 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 Relationship Marketing Japanese Style VRIO Analysis shows that Relationship Marketing Japanese Style'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 Relationship Marketing Japanese Style's products.
- According to the VRIO Analysis of Relationship Marketing Japanese Style, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Relationship Marketing Japanese Style. These patents also provide Relationship Marketing Japanese Style with licensing revenue when it licenses these patents out to other manufacturers.
- The Relationship Marketing Japanese Style VRIO Analysis shows that Relationship Marketing Japanese Style’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Relationship Marketing Japanese Style. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Relationship Marketing Japanese Style, 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 Relationship Marketing Japanese Style VRIO Analysis shows that the research and development at Relationship Marketing Japanese Style 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 Relationship Marketing Japanese Style. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Relationship Marketing Japanese Style are found to be rare according to the VRIO Analysis of Relationship Marketing Japanese Style. 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 Relationship Marketing Japanese Style 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 Relationship Marketing Japanese Style and inhibit competitive advantage. This means that the local food products result in competitive parity for Relationship Marketing Japanese Style. As this resource is valuable, Relationship Marketing Japanese Style can still make use of this resource.
- The employees of Relationship Marketing Japanese Style are a rare resource as identified by the VRIO Analysis of Relationship Marketing Japanese Style. 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 Relationship Marketing Japanese Style are a rare resource as identified by the Relationship Marketing Japanese Style VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Relationship Marketing Japanese Style to use them without interference from the competition.
- The distribution network of Relationship Marketing Japanese Style is a rare resource as identified by the VRIO Analysis of Relationship Marketing Japanese Style. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Relationship Marketing Japanese Style. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Relationship Marketing Japanese Style are costly to imitate as identified by the Relationship Marketing Japanese Style 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 Relationship Marketing Japanese Style. 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 Relationship Marketing Japanese Style provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Relationship Marketing Japanese Style are also not costly to imitate as identified by the Relationship Marketing Japanese Style VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Relationship Marketing Japanese Style by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Relationship Marketing Japanese Style a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Relationship Marketing Japanese Style are very difficult to imitate as identified by the VRIO Analysis of Relationship Marketing Japanese Style. 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 Relationship Marketing Japanese Style is also very costly to imitate by competition as identified by the Relationship Marketing Japanese Style VRIO Analysis. This has been developed over the years gradually by Relationship Marketing Japanese Style. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Relationship Marketing Japanese Style are organised to capture value as identified by the VRIO Analysis of Relationship Marketing Japanese Style. 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 Relationship Marketing Japanese Style.
- The Patents of Relationship Marketing Japanese Style are not well organised as identified by the Relationship Marketing Japanese Style 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 Relationship Marketing Japanese Style starts selling patented products before the patents expire.
- The distribution network of Relationship Marketing Japanese Style is organised as identified by the VRIO Analysis of Relationship Marketing Japanese Style. Relationship Marketing Japanese Style 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 Relationship Marketing Japanese Style.
From the VRIO Analysis of Relationship Marketing Japanese Style, 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 Relationship Marketing Japanese Style 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.
Cong Hu
5.0
Whenever I asked for a revision, writers modified the paper under the specifications. Thanks!
Jesca Ahsan
5.0
I was in an absolute nightmare when the professor gave me a deadline of one week. Actually, my brother's wedding on the same date. This company supplied me with an awesome assignment!
Heiko Fan
5.0
The support team was prompt to respond and I'm satisfied with the quality of the assignment. Thank you very much!
Lea Tim
5.0
The author was very impressive and literate. My teacher appreciated me a lot due to my paper. I really got amazing grades. Thanks a lot!
Next Articles
- Marketing Concepts For Banking In The New Millennium Vrio Analysis
- Consumer Product Quality And The Optimal Choice: A Perfect Information Frontier Approach Vrio Analysis
- Electronic Commerce Curricula: An Overview Of Current Electronic Commerce Courses And Implications For Marketing Education Vrio Analysis
- Sequential Decision Making Strategies Of Expert And Novice Consumers Vrio Analysis
- Advertising Effects On Children's Buying Habits In The US Vrio Analysis
- Staging Experiences To Satisfy Needs: A Game Hunting Example Vrio Analysis
- Globalization And Market Adjustment: Korean Case Vrio Analysis
- Customer Satisfaction In The Financial Industry: San Francisco Versus Melbourne, Australia Vrio Analysis
- Managing Healthcare For Expatriates: Quality Assurance Using A Technology Based Approach Vrio Analysis
- Identification Of International Marketing Manager Competencies: A Tri Country Study Vrio Analysis
Previous Articles
- Marketing Strategy Effectiveness In Nigerian Banks Vrio Analysis
- The Health Oriented Market: A Lifestyle Model, Empirical Test, And Implications For Market Segmentation Strategy Vrio Analysis
- Increasing Response Rate In Industrial Mail Surveys: The Effect Of Respondent Involvement In Sweepstakes Incentive Vrio Analysis
- The New Paradigm Of Direct Marketing Research: Not The Old Or The New, But A Merging Of The Two Vrio Analysis
- Empirical Generalisations In Marketing: An In Depth Analysis Of The Concept Vrio Analysis
- Me, We, Or Thee? A Perceived Control Perspective On Consumer Decision Autonomy Vrio Analysis
- A Study On Customer Satisfaction, Service Quality And Company Image: An Empirical Analysis Vrio Analysis
- Explaining The Gap Between Compulsive And Non Compulsive Buyers Regarding Their Actual/Ideal Self Discrepancies: How Different, Actually, Are Their Ideal Images? Vrio Analysis
- Matching Sales Management Behavior With Organizational Strategy Vrio Analysis
- Value Based Marketing: A New Perspective 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!