- 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 How Can I Say No
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of How Can I Say No will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The How Can I Say No 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 How Can I Say No VRIO Analysis shows that the financial resources of How Can I Say No are highly valuable as these help in investing into external opportunities that arise. These also help How Can I Say No in combating external threats.
- According to the VRIO Analysis of How Can I Say No, 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 How Can I Say No VRIO Analysis shows that How Can I Say No'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 How Can I Say No's products.
- According to the VRIO Analysis of How Can I Say No, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for How Can I Say No. These patents also provide How Can I Say No with licensing revenue when it licenses these patents out to other manufacturers.
- The How Can I Say No VRIO Analysis shows that How Can I Say No’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for How Can I Say No. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of How Can I Say No, 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 How Can I Say No VRIO Analysis shows that the research and development at How Can I Say No 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 How Can I Say No. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of How Can I Say No are found to be rare according to the VRIO Analysis of How Can I Say No. 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 How Can I Say No 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 How Can I Say No and inhibit competitive advantage. This means that the local food products result in competitive parity for How Can I Say No. As this resource is valuable, How Can I Say No can still make use of this resource.
- The employees of How Can I Say No are a rare resource as identified by the VRIO Analysis of How Can I Say No. 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 How Can I Say No are a rare resource as identified by the How Can I Say No VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows How Can I Say No to use them without interference from the competition.
- The distribution network of How Can I Say No is a rare resource as identified by the VRIO Analysis of How Can I Say No. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of How Can I Say No. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of How Can I Say No are costly to imitate as identified by the How Can I Say No 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 How Can I Say No. 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 How Can I Say No provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of How Can I Say No are also not costly to imitate as identified by the How Can I Say No VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from How Can I Say No by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of How Can I Say No a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of How Can I Say No are very difficult to imitate as identified by the VRIO Analysis of How Can I Say No. 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 How Can I Say No is also very costly to imitate by competition as identified by the How Can I Say No VRIO Analysis. This has been developed over the years gradually by How Can I Say No. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of How Can I Say No are organised to capture value as identified by the VRIO Analysis of How Can I Say No. 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 How Can I Say No.
- The Patents of How Can I Say No are not well organised as identified by the How Can I Say No 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 How Can I Say No starts selling patented products before the patents expire.
- The distribution network of How Can I Say No is organised as identified by the VRIO Analysis of How Can I Say No. How Can I Say No 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 How Can I Say No.
From the VRIO Analysis of How Can I Say No, 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 How Can I Say No 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.
Harper James
4.0
I was very confused with the topic, then I made the questions from this topic sent to them and received the good answers. I used this data and completed my assignment. Thanks a lot!
Xavier Zander
5.0
I can’t thank this service appropriately that saved me from dropping out the semester. Super featured service!
Marius Hugo
5.0
Paper was completed in the manner that I wanted. I would be comfortable using this site again. Thanks a lot!
Jennifer Maximilian
5.0
I needed assistance in my Finance assignment and this custom paper service assisted me a lot. I’m pleased with what I achieved from here. Thanks a lot!
Next Articles
- Procter & Gamble Increasing Its Brand's Portfolio Acquiring Gillette Vrio Analysis
- How To Fund The Mexport Shoes Growth? Vrio Analysis
- Fiscal Strategy Vrio Analysis
- Boutique Eztravaganzza Warehouse Vrio Analysis
- The Internet Entrepreneurs: Evaluating The Business Idea Vrio Analysis
- Internet Entrepreneurs, Evaluating The Business Idea Vrio Analysis
- Purified Water: Financially Healthy Business? Vrio Analysis
- What Operating Model To Choose? Vrio Analysis
- Cattle Industries Vrio Analysis
- Learning Art, And Tolerance? Vrio Analysis
Previous Articles
- The Art Of Bargaining In Mexico Vrio Analysis
- Design Consulting Vrio Analysis
- Strategic Perspective For Decision Making In The Suppliers Selection Process Vrio Analysis
- Coca Cola Femsa (A): Shifts In Sales Management Strategy Vrio Analysis
- Universities Extinct: 'Which Diplomas Are Still Valid?' Vrio Analysis
- Alfredo Wants To Know If Your Company Can Still Grow Vrio Analysis
- Taking A Hard Decision At The Golf Course Vrio Analysis
- The Right To Freedom: Amira Behind The Veil Vrio Analysis
- Lie For A Good Cause? The Case Of The Rescue Of The FARC In Colombia Vrio Analysis
- The Shire Veterinary Distributor: 'Do The Same And You Will Get The Same' 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!