- 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 Porter-Cable 90 Years of Making Power Tools
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Porter-Cable 90 Years of Making Power Tools will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Porter-Cable 90 Years of Making Power Tools 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 Porter-Cable 90 Years of Making Power Tools VRIO Analysis shows that the financial resources of Porter-Cable 90 Years of Making Power Tools are highly valuable as these help in investing into external opportunities that arise. These also help Porter-Cable 90 Years of Making Power Tools in combating external threats.
- According to the VRIO Analysis of Porter-Cable 90 Years of Making Power Tools, 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 Porter-Cable 90 Years of Making Power Tools VRIO Analysis shows that Porter-Cable 90 Years of Making Power Tools'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 Porter-Cable 90 Years of Making Power Tools's products.
- According to the VRIO Analysis of Porter-Cable 90 Years of Making Power Tools, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Porter-Cable 90 Years of Making Power Tools. These patents also provide Porter-Cable 90 Years of Making Power Tools with licensing revenue when it licenses these patents out to other manufacturers.
- The Porter-Cable 90 Years of Making Power Tools VRIO Analysis shows that Porter-Cable 90 Years of Making Power Tools’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Porter-Cable 90 Years of Making Power Tools. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Porter-Cable 90 Years of Making Power Tools, 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 Porter-Cable 90 Years of Making Power Tools VRIO Analysis shows that the research and development at Porter-Cable 90 Years of Making Power Tools 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 Porter-Cable 90 Years of Making Power Tools. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Porter-Cable 90 Years of Making Power Tools are found to be rare according to the VRIO Analysis of Porter-Cable 90 Years of Making Power Tools. 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 Porter-Cable 90 Years of Making Power Tools 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 Porter-Cable 90 Years of Making Power Tools and inhibit competitive advantage. This means that the local food products result in competitive parity for Porter-Cable 90 Years of Making Power Tools. As this resource is valuable, Porter-Cable 90 Years of Making Power Tools can still make use of this resource.
- The employees of Porter-Cable 90 Years of Making Power Tools are a rare resource as identified by the VRIO Analysis of Porter-Cable 90 Years of Making Power Tools. 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 Porter-Cable 90 Years of Making Power Tools are a rare resource as identified by the Porter-Cable 90 Years of Making Power Tools VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Porter-Cable 90 Years of Making Power Tools to use them without interference from the competition.
- The distribution network of Porter-Cable 90 Years of Making Power Tools is a rare resource as identified by the VRIO Analysis of Porter-Cable 90 Years of Making Power Tools. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Porter-Cable 90 Years of Making Power Tools. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Porter-Cable 90 Years of Making Power Tools are costly to imitate as identified by the Porter-Cable 90 Years of Making Power Tools 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 Porter-Cable 90 Years of Making Power Tools. 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 Porter-Cable 90 Years of Making Power Tools provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Porter-Cable 90 Years of Making Power Tools are also not costly to imitate as identified by the Porter-Cable 90 Years of Making Power Tools VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Porter-Cable 90 Years of Making Power Tools by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Porter-Cable 90 Years of Making Power Tools a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Porter-Cable 90 Years of Making Power Tools are very difficult to imitate as identified by the VRIO Analysis of Porter-Cable 90 Years of Making Power Tools. 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 Porter-Cable 90 Years of Making Power Tools is also very costly to imitate by competition as identified by the Porter-Cable 90 Years of Making Power Tools VRIO Analysis. This has been developed over the years gradually by Porter-Cable 90 Years of Making Power Tools. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Porter-Cable 90 Years of Making Power Tools are organised to capture value as identified by the VRIO Analysis of Porter-Cable 90 Years of Making Power Tools. 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 Porter-Cable 90 Years of Making Power Tools.
- The Patents of Porter-Cable 90 Years of Making Power Tools are not well organised as identified by the Porter-Cable 90 Years of Making Power Tools 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 Porter-Cable 90 Years of Making Power Tools starts selling patented products before the patents expire.
- The distribution network of Porter-Cable 90 Years of Making Power Tools is organised as identified by the VRIO Analysis of Porter-Cable 90 Years of Making Power Tools. Porter-Cable 90 Years of Making Power Tools 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 Porter-Cable 90 Years of Making Power Tools.
From the VRIO Analysis of Porter-Cable 90 Years of Making Power Tools, 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 Porter-Cable 90 Years of Making Power Tools 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.
Brendan Clarence
4.0
I’m satisfied with you people. Thanks a lot!
Luisa Vasquez
5.0
The writer was looking more bothered about my project than me. What an incredible moment to have a service that cares you a lot.
Mario Florian
5.0
The author made the paper that accommodated to the teacher’s requirements. Thank you so much!
Eugene Joshua
5.0
It was very difficult for me to believe in an online writing service. However, this service provided an error free paper. I’m fully satisfied. Good work!
Next Articles
- Humana Hospital Lexington: Chaos In IS Vrio Analysis
- Humana Hospital Lexington Information Systems In Chaos Vrio Analysis
- Trouble In Telecom Land: Where Do We Go From Here Vrio Analysis
- The Rolling River Casino Case Study: An Analysis Of Effective Management Internal Controls Vrio Analysis
- Baking Cookies: Progressive Lessons In Cost Accounting Vrio Analysis
- Sowing Seeds For The Future? A Case Study Vrio Analysis
- Modular Manufacturing In The Automobile Industry: Dana Leads The Way Vrio Analysis
- Swing 1000 Vrio Analysis
- Shenanigans Toys And Parties Vrio Analysis
- A Thief Among Us Vrio Analysis
Previous Articles
- Ford Motor Company Versus Lane: The First Amendment Takes A Virtual Ride In A Mustang Vrio Analysis
- The Globalisation Of Educational Modules And Training Programmes Through The Interaction Between Entrepreneurship, Tertiary Educational Institutes And Joint Venture Partnerships Vrio Analysis
- Note On The US Airline Industry Vrio Analysis
- Wendy's (B): Returning To Its Entrepreneurial Roots Vrio Analysis
- ValuJet: A Strategic Crisis And Response Vrio Analysis
- CSN: Management Of Post Privatized Steel Production In Brazil Vrio Analysis
- Kodak's Challenge: Remaining Competitive In The Digital Age Vrio Analysis
- The Group Dynamics Of The Special Grand Jury: Ellen's Experience Vrio Analysis
- The Next Generation Of Entrepreneurs: A Reflection Of A College Outreach Business Program For High School Students Vrio Analysis
- Teaching Entrepreneurship: The Importance Of Noncompete Agreements To The Viability Of The Enterprise 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!