- 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 The Effect of Brand Experience on Brand Relationship Quality
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of The Effect of Brand Experience on Brand Relationship Quality will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The The Effect of Brand Experience on Brand Relationship Quality 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 The Effect of Brand Experience on Brand Relationship Quality VRIO Analysis shows that the financial resources of The Effect of Brand Experience on Brand Relationship Quality are highly valuable as these help in investing into external opportunities that arise. These also help The Effect of Brand Experience on Brand Relationship Quality in combating external threats.
- According to the VRIO Analysis of The Effect of Brand Experience on Brand Relationship Quality, 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 The Effect of Brand Experience on Brand Relationship Quality VRIO Analysis shows that The Effect of Brand Experience on Brand Relationship Quality'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 The Effect of Brand Experience on Brand Relationship Quality's products.
- According to the VRIO Analysis of The Effect of Brand Experience on Brand Relationship Quality, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for The Effect of Brand Experience on Brand Relationship Quality. These patents also provide The Effect of Brand Experience on Brand Relationship Quality with licensing revenue when it licenses these patents out to other manufacturers.
- The The Effect of Brand Experience on Brand Relationship Quality VRIO Analysis shows that The Effect of Brand Experience on Brand Relationship Quality’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for The Effect of Brand Experience on Brand Relationship Quality. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of The Effect of Brand Experience on Brand Relationship Quality, 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 The Effect of Brand Experience on Brand Relationship Quality VRIO Analysis shows that the research and development at The Effect of Brand Experience on Brand Relationship Quality 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 The Effect of Brand Experience on Brand Relationship Quality. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of The Effect of Brand Experience on Brand Relationship Quality are found to be rare according to the VRIO Analysis of The Effect of Brand Experience on Brand Relationship Quality. 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 The Effect of Brand Experience on Brand Relationship Quality 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 The Effect of Brand Experience on Brand Relationship Quality and inhibit competitive advantage. This means that the local food products result in competitive parity for The Effect of Brand Experience on Brand Relationship Quality. As this resource is valuable, The Effect of Brand Experience on Brand Relationship Quality can still make use of this resource.
- The employees of The Effect of Brand Experience on Brand Relationship Quality are a rare resource as identified by the VRIO Analysis of The Effect of Brand Experience on Brand Relationship Quality. 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 The Effect of Brand Experience on Brand Relationship Quality are a rare resource as identified by the The Effect of Brand Experience on Brand Relationship Quality VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows The Effect of Brand Experience on Brand Relationship Quality to use them without interference from the competition.
- The distribution network of The Effect of Brand Experience on Brand Relationship Quality is a rare resource as identified by the VRIO Analysis of The Effect of Brand Experience on Brand Relationship Quality. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of The Effect of Brand Experience on Brand Relationship Quality. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of The Effect of Brand Experience on Brand Relationship Quality are costly to imitate as identified by the The Effect of Brand Experience on Brand Relationship Quality 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 The Effect of Brand Experience on Brand Relationship Quality. 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 The Effect of Brand Experience on Brand Relationship Quality provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of The Effect of Brand Experience on Brand Relationship Quality are also not costly to imitate as identified by the The Effect of Brand Experience on Brand Relationship Quality VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from The Effect of Brand Experience on Brand Relationship Quality by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of The Effect of Brand Experience on Brand Relationship Quality a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of The Effect of Brand Experience on Brand Relationship Quality are very difficult to imitate as identified by the VRIO Analysis of The Effect of Brand Experience on Brand Relationship Quality. 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 The Effect of Brand Experience on Brand Relationship Quality is also very costly to imitate by competition as identified by the The Effect of Brand Experience on Brand Relationship Quality VRIO Analysis. This has been developed over the years gradually by The Effect of Brand Experience on Brand Relationship Quality. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of The Effect of Brand Experience on Brand Relationship Quality are organised to capture value as identified by the VRIO Analysis of The Effect of Brand Experience on Brand Relationship Quality. 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 The Effect of Brand Experience on Brand Relationship Quality.
- The Patents of The Effect of Brand Experience on Brand Relationship Quality are not well organised as identified by the The Effect of Brand Experience on Brand Relationship Quality 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 The Effect of Brand Experience on Brand Relationship Quality starts selling patented products before the patents expire.
- The distribution network of The Effect of Brand Experience on Brand Relationship Quality is organised as identified by the VRIO Analysis of The Effect of Brand Experience on Brand Relationship Quality. The Effect of Brand Experience on Brand Relationship Quality 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 The Effect of Brand Experience on Brand Relationship Quality.
From the VRIO Analysis of The Effect of Brand Experience on Brand Relationship Quality, 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 The Effect of Brand Experience on Brand Relationship Quality 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.
Courtney Paul
5.0
Unlimited facilities with good charges. May you guys make progress by leaps and bounds!
Ming Jun
5.0
Out of the five assignments that I ordered, not even one paper underlined an error. If I read this review, I would think that it's false. Honestly, I'm not lying and my words are the verification of what I received from this service.
Ashley Jones
5.0
The writer constructed the paper with full strength. Thank you because I got A.
Lu Zhuang
5.0
I'm very happy with this company. Thank you very much!
Next Articles
- Ethnocentrism In The US: An Examination Of Cetscale Stability From 1994 To 2008 Vrio Analysis
- Attitude Toward Brand: An Integrative Look At Mediators And Moderators Vrio Analysis
- Participating In The Conversation: Exploring Usage Of Social Media Networking Sites Vrio Analysis
- Measuring The Value Of Ingredient Brand Equity At Multiple Stages In The Supply Chain: A Component Supplier's Persepctive Vrio Analysis
- Critical Factors Promoting Customer Loyalty To Smartphone And Mobile Communications Service Providers Vrio Analysis
- Developing A Multi Item Measurement Scale For Developing Teenagers' Involvement In Reality Television Vrio Analysis
- The Effect Of Cultural Orientation On Advertising Effectiveness: A Comparison Among Americans, Mexican Americans, And Mexicans Vrio Analysis
- The Effects Of Information Privacy And Online Shopping Experience In E Commerce Vrio Analysis
- A Cross Category Beverage Choice Model: A Need Based Multi Attribute Utility Approach Vrio Analysis
- A Segmentation Of Beach Rental By Owner Online Inquiring Customers Vrio Analysis
Previous Articles
- Consumer Based Brand Equity In The Television Industry: A Study Of A Private TV Channel In Turkey Vrio Analysis
- Using Taguchi Methods In A Marketing Study To Determine Features For A Smartphone Vrio Analysis
- A Framework For Examining The Role Of Culture In Individuals Likelihood To Engage In Self Gift Behavior Vrio Analysis
- A Study On The Online Shopper's Self Disclosure Vrio Analysis
- The Impact Of Adding Improvisation To Sequential Npd Processes On Cost: The Moderating Effects Of Turbulence Vrio Analysis
- Market Orientation Toward Various Customer Groups In Business Schools Vrio Analysis
- Perceptions Of Relationship Marketing Activities By Service Personnel In The HVAC Industry Vrio Analysis
- I'm On Beale Street, But My Luggage Is In Memphis…Egypt?: Deploying RFID Enabled Baggage Tracking Systems To Improve Airline Customer Service Vrio Analysis
- The Academy Of Marketing Studies Journal: An Analysis Of The First Seven Years Vrio Analysis
- Advertising Expenditure And Firm Profitability: An Investigation 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!