- 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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance 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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance VRIO Analysis shows that the financial resources of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance are highly valuable as these help in investing into external opportunities that arise. These also help Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance in combating external threats.
- According to the VRIO Analysis of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance, 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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance VRIO Analysis shows that Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance'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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance's products.
- According to the VRIO Analysis of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance. These patents also provide Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance with licensing revenue when it licenses these patents out to other manufacturers.
- The Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance VRIO Analysis shows that Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance, 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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance VRIO Analysis shows that the research and development at Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance 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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance are found to be rare according to the VRIO Analysis of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance. 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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance 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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance and inhibit competitive advantage. This means that the local food products result in competitive parity for Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance. As this resource is valuable, Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance can still make use of this resource.
- The employees of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance are a rare resource as identified by the VRIO Analysis of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance. 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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance are a rare resource as identified by the Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance to use them without interference from the competition.
- The distribution network of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance is a rare resource as identified by the VRIO Analysis of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance are costly to imitate as identified by the Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance 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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance. 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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance are also not costly to imitate as identified by the Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance are very difficult to imitate as identified by the VRIO Analysis of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance. 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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance is also very costly to imitate by competition as identified by the Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance VRIO Analysis. This has been developed over the years gradually by Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance are organised to capture value as identified by the VRIO Analysis of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance. 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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance.
- The Patents of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance are not well organised as identified by the Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance 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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance starts selling patented products before the patents expire.
- The distribution network of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance is organised as identified by the VRIO Analysis of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance. Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance 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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance.
From the VRIO Analysis of Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance, 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 Strategic Considerations in the Financial Services Industry Does Strategic Consistency Influence Performance 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.
Masom Liam
4.0
Everything is alright. However, the explanation was not detailed but it was my mistake because I told the writer to manage the whole paper in keeping with 8000 words. Good performance overall & 4 stars.
Le Cuong
4.0
Exceptional turnaround along with several benefits. Thanks a lot!
Dan Zack
5.0
Just excellent paper! Finding this service is the best thing of my life. Extremely helpful people!
Tang Mingli
5.0
My fellas suggested this company to me. Thanks guys for the hard work and full cooperation!
Next Articles
- Globalization, Value Based Management, And Outsourcing Strategies And The Application Of The Theory Of Constraints Vrio Analysis
- Strategic Management: Does Personality Make A Difference? Vrio Analysis
- Balanced Scorecard Visited Taiwan Firms Vrio Analysis
- Easy To Design Difficult To Implement: An Empirical Survey Of The Strategic Management Practices Of Large Companies Vrio Analysis
- Cognitive Complexity With Employees From Entrepreneurial Financial Information Service Organizations And Educational Institutions: An Extension And Replication Looking At Pay, Benefits, And Leadership Vrio Analysis
- CEO Trustworthiness: A Source Of Competitive Advantage Vrio Analysis
- A New Territory Of Developing Dynamic Marketing Strategy Vrio Analysis
- Miles & Snow Strategic Typology And Its Current Relevance: An Empirical Study In Singapore Vrio Analysis
- An Integration Analysis Of Material Requirements Planning, Just In Time, And The Theory Of Constraints Vrio Analysis
- An Agency Comparison Of The Keiretsu And The Japanese Independent Firm Vrio Analysis
Previous Articles
- Are Competitors Advantageous Or Disadvantageous In Consolidated Versus Fragmented Industries? Vrio Analysis
- Performance In The Contemporary Conglomerate Vrio Analysis
- The Network Perspective In Organization Studies: Network Organizations Or Network Analysis? Vrio Analysis
- Adapting Project Management Processes To The Management Of Special Events: An Exploratory Study Vrio Analysis
- Understanding Technology Transfer Effectiveness In Japanese Organizations: A Test Of Contingency Theory Vrio Analysis
- Total Quality Management Implementation: The 'Core' Strategy Vrio Analysis
- Progressive Management Practices As Predictors Of Organizational Future Performance: Empirical Evidence Vrio Analysis
- Today's Airlines Should Adopt A Low Cost Strategy: Can This Popular Idea Be Supported By The Facts? Vrio Analysis
- Differentiating Purchasing Practices Of Firms Based On Information Technology Use Vrio Analysis
- How Important Are Stakeholder Relationships? 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!