- 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 X-BSC Improving Key Account Management at Cognis
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of X-BSC Improving Key Account Management at Cognis will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The X-BSC Improving Key Account Management at Cognis 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 X-BSC Improving Key Account Management at Cognis VRIO Analysis shows that the financial resources of X-BSC Improving Key Account Management at Cognis are highly valuable as these help in investing into external opportunities that arise. These also help X-BSC Improving Key Account Management at Cognis in combating external threats.
- According to the VRIO Analysis of X-BSC Improving Key Account Management at Cognis, 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 X-BSC Improving Key Account Management at Cognis VRIO Analysis shows that X-BSC Improving Key Account Management at Cognis'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 X-BSC Improving Key Account Management at Cognis's products.
- According to the VRIO Analysis of X-BSC Improving Key Account Management at Cognis, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for X-BSC Improving Key Account Management at Cognis. These patents also provide X-BSC Improving Key Account Management at Cognis with licensing revenue when it licenses these patents out to other manufacturers.
- The X-BSC Improving Key Account Management at Cognis VRIO Analysis shows that X-BSC Improving Key Account Management at Cognis’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for X-BSC Improving Key Account Management at Cognis. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of X-BSC Improving Key Account Management at Cognis, 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 X-BSC Improving Key Account Management at Cognis VRIO Analysis shows that the research and development at X-BSC Improving Key Account Management at Cognis 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 X-BSC Improving Key Account Management at Cognis. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of X-BSC Improving Key Account Management at Cognis are found to be rare according to the VRIO Analysis of X-BSC Improving Key Account Management at Cognis. 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 X-BSC Improving Key Account Management at Cognis 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 X-BSC Improving Key Account Management at Cognis and inhibit competitive advantage. This means that the local food products result in competitive parity for X-BSC Improving Key Account Management at Cognis. As this resource is valuable, X-BSC Improving Key Account Management at Cognis can still make use of this resource.
- The employees of X-BSC Improving Key Account Management at Cognis are a rare resource as identified by the VRIO Analysis of X-BSC Improving Key Account Management at Cognis. 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 X-BSC Improving Key Account Management at Cognis are a rare resource as identified by the X-BSC Improving Key Account Management at Cognis VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows X-BSC Improving Key Account Management at Cognis to use them without interference from the competition.
- The distribution network of X-BSC Improving Key Account Management at Cognis is a rare resource as identified by the VRIO Analysis of X-BSC Improving Key Account Management at Cognis. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of X-BSC Improving Key Account Management at Cognis. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of X-BSC Improving Key Account Management at Cognis are costly to imitate as identified by the X-BSC Improving Key Account Management at Cognis 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 X-BSC Improving Key Account Management at Cognis. 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 X-BSC Improving Key Account Management at Cognis provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of X-BSC Improving Key Account Management at Cognis are also not costly to imitate as identified by the X-BSC Improving Key Account Management at Cognis VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from X-BSC Improving Key Account Management at Cognis by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of X-BSC Improving Key Account Management at Cognis a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of X-BSC Improving Key Account Management at Cognis are very difficult to imitate as identified by the VRIO Analysis of X-BSC Improving Key Account Management at Cognis. 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 X-BSC Improving Key Account Management at Cognis is also very costly to imitate by competition as identified by the X-BSC Improving Key Account Management at Cognis VRIO Analysis. This has been developed over the years gradually by X-BSC Improving Key Account Management at Cognis. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of X-BSC Improving Key Account Management at Cognis are organised to capture value as identified by the VRIO Analysis of X-BSC Improving Key Account Management at Cognis. 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 X-BSC Improving Key Account Management at Cognis.
- The Patents of X-BSC Improving Key Account Management at Cognis are not well organised as identified by the X-BSC Improving Key Account Management at Cognis 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 X-BSC Improving Key Account Management at Cognis starts selling patented products before the patents expire.
- The distribution network of X-BSC Improving Key Account Management at Cognis is organised as identified by the VRIO Analysis of X-BSC Improving Key Account Management at Cognis. X-BSC Improving Key Account Management at Cognis 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 X-BSC Improving Key Account Management at Cognis.
From the VRIO Analysis of X-BSC Improving Key Account Management at Cognis, 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 X-BSC Improving Key Account Management at Cognis 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.
Matilda
5.0
I couldn’t depend on the professor on the grounds that I’m not the only student for whom certain questions were confusable. The expert on this service got me to understand every question.
Alexandre Ayer
5.0
It was my good decision to appoint someone who can compose the paper better and doesn’t permit depression about any points. A great service that is always on the forefront for eliminating students’ issues.
Adam Jack
5.0
I used this service last month when my friends recommended it to me. Quality was perfect and thanks!
Jade Brock
4.0
The paper that I picked up from this service, it made me obtain marks that I never got before. The customer support was very polite and I’m satisfied with this company. Thanks!
Next Articles
- Bayer MaterialScience: Responsible Operations In Thailand And China Vrio Analysis
- T Blade: Skating Into The North American Market Vrio Analysis
- The Awakening Giant: Volkswagen In China Vrio Analysis
- Faber Castell AG: International Roll Out Of The GRIP 2001 Vrio Analysis
- ECODES: Entering The CO2 Market Vrio Analysis
- The BOC Group: Developing A High Tech Services Business In Taiwan Vrio Analysis
- BASF Global Procurement Petrochemical Products: Challenges In Changing Global Commodity Markets Vrio Analysis
- SIG Combibloc: Supply Chain Innovations Vrio Analysis
- BMW: The Quest For Cost Transparency Vrio Analysis
- Smart Goes US: Bigger Is Not Always Better Vrio Analysis
Previous Articles
- Procter & Gamble's Ariel: Walking The Tightrope Vrio Analysis
- SAP: Staying One Step Ahead Vrio Analysis
- Throughput Time Management In The Pharmaceutical Industry: Boehringer Ingelheim GmbH Vrio Analysis
- HEEL: A Bridge Between Two Worlds Vrio Analysis
- Sagem Broadband Communication Fixed Terminal Unit: The Latin American Challenge Vrio Analysis
- Deutsche Post World Net: Succeed The Mail Market Liberalization In EU Vrio Analysis
- FC Bayern Munich: Trophies For International Expansion Vrio Analysis
- Lanxess AG (A): Chemical Reaction Vrio Analysis
- Zwiesel Kristallglas AG: International Roll Out In A Traditional Industry (B) Vrio Analysis
- Zwiesel Kristallglas AG: International Roll Out In A Traditional Industry 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!