VRIO Analysis of Pierce Brosnan s Surrogate Advertising Pandemonium

Posted by Zachary Edwards on Mar-22-2018

The VRIO Analysis of Pierce Brosnan s Surrogate Advertising Pandemonium will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Pierce Brosnan s Surrogate Advertising Pandemonium 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 Pierce Brosnan s Surrogate Advertising Pandemonium VRIO Analysis shows that the financial resources of Pierce Brosnan s Surrogate Advertising Pandemonium are highly valuable as these help in investing into external opportunities that arise. These also help Pierce Brosnan s Surrogate Advertising Pandemonium in combating external threats.
• According to the VRIO Analysis of Pierce Brosnan s Surrogate Advertising Pandemonium, 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 Pierce Brosnan s Surrogate Advertising Pandemonium VRIO Analysis shows that Pierce Brosnan s Surrogate Advertising Pandemonium'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 Pierce Brosnan s Surrogate Advertising Pandemonium's products.
• According to the VRIO Analysis of Pierce Brosnan s Surrogate Advertising Pandemonium, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Pierce Brosnan s Surrogate Advertising Pandemonium. These patents also provide Pierce Brosnan s Surrogate Advertising Pandemonium with licensing revenue when it licenses these patents out to other manufacturers.
• The Pierce Brosnan s Surrogate Advertising Pandemonium VRIO Analysis shows that Pierce Brosnan s Surrogate Advertising Pandemonium’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Pierce Brosnan s Surrogate Advertising Pandemonium. It also ensures that promotion activities translate into sales as the products are easily available.
• According to the VRIO Analysis of Pierce Brosnan s Surrogate Advertising Pandemonium, 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 Pierce Brosnan s Surrogate Advertising Pandemonium VRIO Analysis shows that the research and development at Pierce Brosnan s Surrogate Advertising Pandemonium 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 Pierce Brosnan s Surrogate Advertising Pandemonium. It is recommended that the research and development teams are improved, and costs are cut for these.

Rare

• The financial resources of Pierce Brosnan s Surrogate Advertising Pandemonium are found to be rare according to the VRIO Analysis of Pierce Brosnan s Surrogate Advertising Pandemonium. 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 Pierce Brosnan s Surrogate Advertising Pandemonium 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 Pierce Brosnan s Surrogate Advertising Pandemonium and inhibit competitive advantage. This means that the local food products result in competitive parity for Pierce Brosnan s Surrogate Advertising Pandemonium. As this resource is valuable, Pierce Brosnan s Surrogate Advertising Pandemonium can still make use of this resource.
• The employees of Pierce Brosnan s Surrogate Advertising Pandemonium are a rare resource as identified by the VRIO Analysis of Pierce Brosnan s Surrogate Advertising Pandemonium. 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 Pierce Brosnan s Surrogate Advertising Pandemonium are a rare resource as identified by the Pierce Brosnan s Surrogate Advertising Pandemonium VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Pierce Brosnan s Surrogate Advertising Pandemonium to use them without interference from the competition.
• The distribution network of Pierce Brosnan s Surrogate Advertising Pandemonium is a rare resource as identified by the VRIO Analysis of Pierce Brosnan s Surrogate Advertising Pandemonium. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Pierce Brosnan s Surrogate Advertising Pandemonium. These are also possessed by very few firms in the industry.

Imitable

• The financial resources of Pierce Brosnan s Surrogate Advertising Pandemonium are costly to imitate as identified by the Pierce Brosnan s Surrogate Advertising Pandemonium 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 Pierce Brosnan s Surrogate Advertising Pandemonium. 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 Pierce Brosnan s Surrogate Advertising Pandemonium provide it with a temporary competitive advantage that competitors can too acquire in the long run.
• The employees of Pierce Brosnan s Surrogate Advertising Pandemonium are also not costly to imitate as identified by the Pierce Brosnan s Surrogate Advertising Pandemonium VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Pierce Brosnan s Surrogate Advertising Pandemonium by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Pierce Brosnan s Surrogate Advertising Pandemonium a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
• The patents of Pierce Brosnan s Surrogate Advertising Pandemonium are very difficult to imitate as identified by the VRIO Analysis of Pierce Brosnan s Surrogate Advertising Pandemonium. 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 Pierce Brosnan s Surrogate Advertising Pandemonium is also very costly to imitate by competition as identified by the Pierce Brosnan s Surrogate Advertising Pandemonium VRIO Analysis. This has been developed over the years gradually by Pierce Brosnan s Surrogate Advertising Pandemonium. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.

Organisation

• The financial resources of Pierce Brosnan s Surrogate Advertising Pandemonium are organised to capture value as identified by the VRIO Analysis of Pierce Brosnan s Surrogate Advertising Pandemonium. 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 Pierce Brosnan s Surrogate Advertising Pandemonium.
• The Patents of Pierce Brosnan s Surrogate Advertising Pandemonium are not well organised as identified by the Pierce Brosnan s Surrogate Advertising Pandemonium 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 Pierce Brosnan s Surrogate Advertising Pandemonium starts selling patented products before the patents expire.
• The distribution network of Pierce Brosnan s Surrogate Advertising Pandemonium is organised as identified by the VRIO Analysis of Pierce Brosnan s Surrogate Advertising Pandemonium. Pierce Brosnan s Surrogate Advertising Pandemonium 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 Pierce Brosnan s Surrogate Advertising Pandemonium.

From the VRIO Analysis of Pierce Brosnan s Surrogate Advertising Pandemonium, 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 Pierce Brosnan s Surrogate Advertising Pandemonium is a competitive disadvantage. Research and Development is also a competitive disadvantage.