- 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages VRIO Analysis shows that the financial resources of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages are highly valuable as these help in investing into external opportunities that arise. These also help The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages in combating external threats.
- According to the VRIO Analysis of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages, 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages VRIO Analysis shows that The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages'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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages's products.
- According to the VRIO Analysis of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages, 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages. These patents also provide The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages with licensing revenue when it licenses these patents out to other manufacturers.
- The The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages VRIO Analysis shows that The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages, 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages VRIO Analysis shows that the research and development at The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages are found to be rare according to the VRIO Analysis of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages. 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages and inhibit competitive advantage. This means that the local food products result in competitive parity for The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages. As this resource is valuable, The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages can still make use of this resource.
- The employees of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages are a rare resource as identified by the VRIO Analysis of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages. 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages are a rare resource as identified by the The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages to use them without interference from the competition.
- The distribution network of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages is a rare resource as identified by the VRIO Analysis of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages are costly to imitate as identified by the The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages. 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages are also not costly to imitate as identified by the The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages are very difficult to imitate as identified by the VRIO Analysis of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages. 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages is also very costly to imitate by competition as identified by the The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages VRIO Analysis. This has been developed over the years gradually by The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages are organised to capture value as identified by the VRIO Analysis of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages. 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages.
- The Patents of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages are not well organised as identified by the The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages starts selling patented products before the patents expire.
- The distribution network of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages is organised as identified by the VRIO Analysis of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages. The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages.
From the VRIO Analysis of The SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages, 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 SBDC in the Classroom Providing Experiential Learning Opportunities at Different Entrepreneurial Stages 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.
Andrea Batacan
4.0
The only issue with this service is that the discounts are not enough. As I receive assignments every week, for this reason, I desire to have more discounts, which will make me appoint this service for every paper.
Hannah Jackson
4.0
The assistance that I got from these guys really improved the CGPA. Highly recommended!
Tom Mitchel
5.0
The sentence’s flaw and formation were exactly what the teacher instructed and I’m satisfied with this company. Thanks a lot!
Lucile Remi
5.0
Being a foreign student, it was very difficult for me to understand the English language. I hired this service and discussed my teacher's instructions with the writer. She followed them and the teacher became happy when she checked the assignment. I'm thankful! Highly recommended!
Next Articles
- Concerns And Expectations Of African American Entreprenuership Students Vrio Analysis
- Egg Drop Exercise Revisited: An In Class Entrepreneurship Exercise Vrio Analysis
- University Wide Trends In Entrepreneurship Education And The Rankings: A Dilemma Vrio Analysis
- A Comparision Of Entrepreneurship/Small Business And Finance Professors' Reaction To Selected Entrepreneurial And Small Business Financial Planning And Management Issues Vrio Analysis
- Innovative Teaching To Engage And Challenge Twenty First Century Entrepreneurship Students: An Interdisciplinary Approach Vrio Analysis
- Entrepreneurial And Accounting Education Through Action Based Learning: The Genesis Project Vrio Analysis
- The Myth Of Entrepreneurship Education: Seven Arguments Against Teaching Business Creation At Universities Vrio Analysis
- Teaching Entrepreneurship: The Importance Of Noncompete Agreements To The Viability Of The Enterprise Vrio Analysis
- The Next Generation Of Entrepreneurs: A Reflection Of A College Outreach Business Program For High School Students Vrio Analysis
- The Group Dynamics Of The Special Grand Jury: Ellen's Experience Vrio Analysis
Previous Articles
- Training Women For Success: An Evaluation Of Entrepreneurship Training Programs In Vermont, USA Vrio Analysis
- Assuring Quality In Entrepreneurship Training: A Quality Function Deployment (Qfd) Approach Vrio Analysis
- Integrating Ethics Into Entrepreneurship Education: An Exploratory Textbook Analysis Vrio Analysis
- Student Characteristics And Perspectives In Entrepreneurship Courses: A Profile Vrio Analysis
- Running A Small Business By Students In A Secondary School: Its Impact On Learning About Entrepreneurship Vrio Analysis
- Successful Outcomes Of Teaching Minority Undergraduate Students Entrepreneurial Business Planning Concepts Using Andragogy And Service Learning Vrio Analysis
- Entrepreneurship And The At Risk Students In The Mississippi Delta Vrio Analysis
- Is Non Traditional Entrepreneurship Training Helpful To Nascent Entrepreneurs? Yes And No Vrio Analysis
- Experiential Entrepreneurship In The Classroom: Effects Of Teaching Methods On Entrepreneurial Career Choice Intentions Vrio Analysis
- Developing Entrepreneurial Competencies: A Student Business 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!