- 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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross 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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross VRIO Analysis shows that the financial resources of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross are highly valuable as these help in investing into external opportunities that arise. These also help Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross in combating external threats.
- According to the VRIO Analysis of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross, 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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross VRIO Analysis shows that Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross'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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross's products.
- According to the VRIO Analysis of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross. These patents also provide Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross with licensing revenue when it licenses these patents out to other manufacturers.
- The Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross VRIO Analysis shows that Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross, 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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross VRIO Analysis shows that the research and development at Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross 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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross are found to be rare according to the VRIO Analysis of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross. 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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross 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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross and inhibit competitive advantage. This means that the local food products result in competitive parity for Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross. As this resource is valuable, Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross can still make use of this resource.
- The employees of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross are a rare resource as identified by the VRIO Analysis of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross. 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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross are a rare resource as identified by the Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross to use them without interference from the competition.
- The distribution network of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross is a rare resource as identified by the VRIO Analysis of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross are costly to imitate as identified by the Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross 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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross. 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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross are also not costly to imitate as identified by the Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross are very difficult to imitate as identified by the VRIO Analysis of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross. 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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross is also very costly to imitate by competition as identified by the Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross VRIO Analysis. This has been developed over the years gradually by Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross are organised to capture value as identified by the VRIO Analysis of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross. 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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross.
- The Patents of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross are not well organised as identified by the Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross 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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross starts selling patented products before the patents expire.
- The distribution network of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross is organised as identified by the VRIO Analysis of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross. Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross 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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross.
From the VRIO Analysis of Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross, 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 Humanitarian Aid 2 0 Social Media Analytics and Stakeholder Engagement at the International Committee of the Red Cross 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.
Zainab Nawab
5.0
My paper was composed in a slightly different way than I wanted. I connected with them for the revision and they redrafted it without any questions. I am grateful for your patience and tireless job!
Joseph Bonf
5.0
Getting the assignments and each paper is better than earlier. I shall suggest my friends to select this service.
Simon Calvin
5.0
I delivered my ideas with the writer and he drafted a reachable paper that stunned the professor. Highly recommended!
Gi Fan
4.0
Although I've not obtained marks yet, I'm hopeful that the result will be satisfactory. Thank you!
Next Articles
- Managing Disruptive Innovation Through Service Systems Crowdlending In The Banking Industry Vrio Analysis
- FC Bayern Munich: Creating Public Value Between Local Embeddedness And Global Growth Vrio Analysis
- Continental 2001: Liberating Entrepreneurial Energy Vrio Analysis
- ZF Friedrichshafen's Acquisition Of TRW Automotive: Part A: Making The Deal Vrio Analysis
- ZF Friedrichshafen's Acquisition Of TRW Automotive Vrio Analysis
- ZF Friedrichshafen's Acquisition Of TRW Automotive: Part B: Shaping The Process Between Signing And Closing Vrio Analysis
- ZF Friedrichshafen's Acquisition Of TRW Automotive: Part C: Post Merger Integration Vrio Analysis
- The Acquisition Of TRW Automotive By ZF Friedrichshafen AG Vrio Analysis
- General Electric 1981 2001 (Part A): Waves Of Strategic Change In The Age Of Jack Welch Vrio Analysis
- General Electric 2001 2012 (Part B): Jeff Immelt Pushes Organic Growth Vrio Analysis
Previous Articles
- Forget Altruism! Terracycle's Diaper Venture To Monetize The Circular Economy's Dirtiest Vrio Analysis
- Tesla Motors Business Model Configuration; Case Study Update; From Tesla Motors To Tesla Vrio Analysis
- Daimler AG The Electric Revolution Of The Automobile Vrio Analysis
- Alibaba's China Fish Pond Venture: Crystal Ball Into The Future Of Global Consumption? Vrio Analysis
- Managing Customer Experiences At OCBC Vrio Analysis
- Cambridge Analytica: Rise And Fall Vrio Analysis
- Shaping A Mobility Ecosystem: The Case Of Car2go In China Vrio Analysis
- The Rakuten Of (All) Things: 'Data With Soul' To Challenge Amazon Vrio Analysis
- 'Kickboxing' At Adobe Systems Vrio Analysis
- InVenture: Building Credit Scoring Tools For 'The Base Of The Pyramid' 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!