- 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 Iceland A Torch Bearer for Gender Wage Equality
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Iceland A Torch Bearer for Gender Wage Equality will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Iceland A Torch Bearer for Gender Wage Equality 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 Iceland A Torch Bearer for Gender Wage Equality VRIO Analysis shows that the financial resources of Iceland A Torch Bearer for Gender Wage Equality are highly valuable as these help in investing into external opportunities that arise. These also help Iceland A Torch Bearer for Gender Wage Equality in combating external threats.
- According to the VRIO Analysis of Iceland A Torch Bearer for Gender Wage Equality, 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 Iceland A Torch Bearer for Gender Wage Equality VRIO Analysis shows that Iceland A Torch Bearer for Gender Wage Equality'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 Iceland A Torch Bearer for Gender Wage Equality's products.
- According to the VRIO Analysis of Iceland A Torch Bearer for Gender Wage Equality, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Iceland A Torch Bearer for Gender Wage Equality. These patents also provide Iceland A Torch Bearer for Gender Wage Equality with licensing revenue when it licenses these patents out to other manufacturers.
- The Iceland A Torch Bearer for Gender Wage Equality VRIO Analysis shows that Iceland A Torch Bearer for Gender Wage Equality’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Iceland A Torch Bearer for Gender Wage Equality. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Iceland A Torch Bearer for Gender Wage Equality, 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 Iceland A Torch Bearer for Gender Wage Equality VRIO Analysis shows that the research and development at Iceland A Torch Bearer for Gender Wage Equality 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 Iceland A Torch Bearer for Gender Wage Equality. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Iceland A Torch Bearer for Gender Wage Equality are found to be rare according to the VRIO Analysis of Iceland A Torch Bearer for Gender Wage Equality. 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 Iceland A Torch Bearer for Gender Wage Equality 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 Iceland A Torch Bearer for Gender Wage Equality and inhibit competitive advantage. This means that the local food products result in competitive parity for Iceland A Torch Bearer for Gender Wage Equality. As this resource is valuable, Iceland A Torch Bearer for Gender Wage Equality can still make use of this resource.
- The employees of Iceland A Torch Bearer for Gender Wage Equality are a rare resource as identified by the VRIO Analysis of Iceland A Torch Bearer for Gender Wage Equality. 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 Iceland A Torch Bearer for Gender Wage Equality are a rare resource as identified by the Iceland A Torch Bearer for Gender Wage Equality VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Iceland A Torch Bearer for Gender Wage Equality to use them without interference from the competition.
- The distribution network of Iceland A Torch Bearer for Gender Wage Equality is a rare resource as identified by the VRIO Analysis of Iceland A Torch Bearer for Gender Wage Equality. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Iceland A Torch Bearer for Gender Wage Equality. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Iceland A Torch Bearer for Gender Wage Equality are costly to imitate as identified by the Iceland A Torch Bearer for Gender Wage Equality 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 Iceland A Torch Bearer for Gender Wage Equality. 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 Iceland A Torch Bearer for Gender Wage Equality provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Iceland A Torch Bearer for Gender Wage Equality are also not costly to imitate as identified by the Iceland A Torch Bearer for Gender Wage Equality VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Iceland A Torch Bearer for Gender Wage Equality by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Iceland A Torch Bearer for Gender Wage Equality a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Iceland A Torch Bearer for Gender Wage Equality are very difficult to imitate as identified by the VRIO Analysis of Iceland A Torch Bearer for Gender Wage Equality. 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 Iceland A Torch Bearer for Gender Wage Equality is also very costly to imitate by competition as identified by the Iceland A Torch Bearer for Gender Wage Equality VRIO Analysis. This has been developed over the years gradually by Iceland A Torch Bearer for Gender Wage Equality. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Iceland A Torch Bearer for Gender Wage Equality are organised to capture value as identified by the VRIO Analysis of Iceland A Torch Bearer for Gender Wage Equality. 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 Iceland A Torch Bearer for Gender Wage Equality.
- The Patents of Iceland A Torch Bearer for Gender Wage Equality are not well organised as identified by the Iceland A Torch Bearer for Gender Wage Equality 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 Iceland A Torch Bearer for Gender Wage Equality starts selling patented products before the patents expire.
- The distribution network of Iceland A Torch Bearer for Gender Wage Equality is organised as identified by the VRIO Analysis of Iceland A Torch Bearer for Gender Wage Equality. Iceland A Torch Bearer for Gender Wage Equality 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 Iceland A Torch Bearer for Gender Wage Equality.
From the VRIO Analysis of Iceland A Torch Bearer for Gender Wage Equality, 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 Iceland A Torch Bearer for Gender Wage Equality 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.
Sharon Chin
5.0
For writing an assignment, I’m really idle so this organization assists me to clear up the tasks. I never get upset with it as per the fact that the prices are affordable and delivery at the given deadline.
Zhao Hao
5.0
The work was done in keeping with the deadline that I provided them so I had time to check and call for the revision. However, I did not need to call them for the modification. Extremely great people!
Huang Dewie
5.0
Affordable rates and quality content. Really very great people. I will order again here. Thanks!
Bradley James
5.0
Everything seems perfect while working with these guys! This assignment writing service is perfect and I will be here for the term paper! Thanks!
Next Articles
- Warby Parker's April Fool Gimmick Goes Awry Vrio Analysis
- Everyone Can Create': Apple Sparks Student Creativity Vrio Analysis
- Republic TV's Controversial Entry Strategy Vrio Analysis
- Modest Fashion: Will It Divide What Was United By Faith? Vrio Analysis
- Design Thinking At Cisco: Creating HR Excellence Vrio Analysis
- Cape Town Water Crisis: What Lies Ahead? Vrio Analysis
- Ola Goes Global: A Move To Take On Uber? Vrio Analysis
- Flux Auto's Self Driving Truck: The Pride Of India? Vrio Analysis
- Digitalisation Of Education In India Vrio Analysis
- PIRCH Inc: 'De Perching To Re Perch' Vrio Analysis
Previous Articles
- Blaze Pizza: Expanding To Gain Global Footprint Vrio Analysis
- The US Fast Food Chain Chick Fil A's Menu For Success Vrio Analysis
- Johnnie And Jane Walker: Can The Two Scotch Brands 'Keep Walking' Together? Vrio Analysis
- PwC Under SEBI Ban: What Lies Ahead? Vrio Analysis
- Chocolate Goes Bitter In Africa? Vrio Analysis
- Coca Cola Goes Alcoholic In Japan: A Sensible Move? Vrio Analysis
- Bumpadum: Bringing Innovation To Indian Diaper Market Vrio Analysis
- WhatsApp Pay: Will It Disrupt India's Digital Payments Space? Vrio Analysis
- Women Farmers In India: A Clarion Call For Empowerment Vrio Analysis
- Digital Gaming Industry: The India Story 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!