- 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 Swing 1000
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Swing 1000 will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Swing 1000 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 Swing 1000 VRIO Analysis shows that the financial resources of Swing 1000 are highly valuable as these help in investing into external opportunities that arise. These also help Swing 1000 in combating external threats.
- According to the VRIO Analysis of Swing 1000, 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 Swing 1000 VRIO Analysis shows that Swing 1000'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 Swing 1000's products.
- According to the VRIO Analysis of Swing 1000, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Swing 1000. These patents also provide Swing 1000 with licensing revenue when it licenses these patents out to other manufacturers.
- The Swing 1000 VRIO Analysis shows that Swing 1000’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Swing 1000. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Swing 1000, 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 Swing 1000 VRIO Analysis shows that the research and development at Swing 1000 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 Swing 1000. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Swing 1000 are found to be rare according to the VRIO Analysis of Swing 1000. 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 Swing 1000 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 Swing 1000 and inhibit competitive advantage. This means that the local food products result in competitive parity for Swing 1000. As this resource is valuable, Swing 1000 can still make use of this resource.
- The employees of Swing 1000 are a rare resource as identified by the VRIO Analysis of Swing 1000. 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 Swing 1000 are a rare resource as identified by the Swing 1000 VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Swing 1000 to use them without interference from the competition.
- The distribution network of Swing 1000 is a rare resource as identified by the VRIO Analysis of Swing 1000. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Swing 1000. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Swing 1000 are costly to imitate as identified by the Swing 1000 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 Swing 1000. 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 Swing 1000 provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Swing 1000 are also not costly to imitate as identified by the Swing 1000 VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Swing 1000 by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Swing 1000 a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Swing 1000 are very difficult to imitate as identified by the VRIO Analysis of Swing 1000. 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 Swing 1000 is also very costly to imitate by competition as identified by the Swing 1000 VRIO Analysis. This has been developed over the years gradually by Swing 1000. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Swing 1000 are organised to capture value as identified by the VRIO Analysis of Swing 1000. 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 Swing 1000.
- The Patents of Swing 1000 are not well organised as identified by the Swing 1000 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 Swing 1000 starts selling patented products before the patents expire.
- The distribution network of Swing 1000 is organised as identified by the VRIO Analysis of Swing 1000. Swing 1000 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 Swing 1000.
From the VRIO Analysis of Swing 1000, 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 Swing 1000 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.
Andre Casmir
5.0
Don’t make any mistake and order some hours ago from the submission time. This step will help to get the advantage of revision and for your mind that the authors of this service are brilliant who modify the document within one or two hours.
Kinga Deli
5.0
I used their online chat first and clarified all my questions. Delivery was on-time and the document was valid.
Emma Piero
5.0
To be honest, I love the revision section of this service that let me get the paper of my choice. Grateful!
Georgio Dario
5.0
Awesome service and excellent writers! I appreciate the writer who covered the topic magnificently!
Next Articles
- Shenanigans Toys And Parties Vrio Analysis
- A Thief Among Us Vrio Analysis
- A Russian Investment That Ends Up In The Courts Not In The Money: The Case Of Black Sea Energy Ltd Vrio Analysis
- Going Abroad: Tyson Foods In Mexico Vrio Analysis
- Internet Strategy: Wal Mart's Evolving Approach Vrio Analysis
- Rate Of Return For Municipal Entreprise Funds: The Case Of Rock Hill, Sc Vrio Analysis
- R David Thomas And Wendy's: Classic Entrepreneurship Vrio Analysis
- Laetrile Redux: The Debate Resumes Vrio Analysis
- Texas Environmental Service & Testing Vrio Analysis
- The Imaging System At American Insurance Vrio Analysis
Previous Articles
- Modular Manufacturing In The Automobile Industry: Dana Leads The Way Vrio Analysis
- Sowing Seeds For The Future? A Case Study Vrio Analysis
- Baking Cookies: Progressive Lessons In Cost Accounting Vrio Analysis
- The Rolling River Casino Case Study: An Analysis Of Effective Management Internal Controls Vrio Analysis
- Trouble In Telecom Land: Where Do We Go From Here Vrio Analysis
- Humana Hospital Lexington Information Systems In Chaos Vrio Analysis
- Humana Hospital Lexington: Chaos In IS Vrio Analysis
- Porter Cable: 90 Years Of Making Power Tools Vrio Analysis
- 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
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!