- 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 MySoftware Co A
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of MySoftware Co A will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The MySoftware Co A 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 MySoftware Co A VRIO Analysis shows that the financial resources of MySoftware Co A are highly valuable as these help in investing into external opportunities that arise. These also help MySoftware Co A in combating external threats.
- According to the VRIO Analysis of MySoftware Co A, 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 MySoftware Co A VRIO Analysis shows that MySoftware Co A'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 MySoftware Co A's products.
- According to the VRIO Analysis of MySoftware Co A, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for MySoftware Co A. These patents also provide MySoftware Co A with licensing revenue when it licenses these patents out to other manufacturers.
- The MySoftware Co A VRIO Analysis shows that MySoftware Co A’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for MySoftware Co A. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of MySoftware Co A, 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 MySoftware Co A VRIO Analysis shows that the research and development at MySoftware Co A 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 MySoftware Co A. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of MySoftware Co A are found to be rare according to the VRIO Analysis of MySoftware Co A. 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 MySoftware Co A 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 MySoftware Co A and inhibit competitive advantage. This means that the local food products result in competitive parity for MySoftware Co A. As this resource is valuable, MySoftware Co A can still make use of this resource.
- The employees of MySoftware Co A are a rare resource as identified by the VRIO Analysis of MySoftware Co A. 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 MySoftware Co A are a rare resource as identified by the MySoftware Co A VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows MySoftware Co A to use them without interference from the competition.
- The distribution network of MySoftware Co A is a rare resource as identified by the VRIO Analysis of MySoftware Co A. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of MySoftware Co A. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of MySoftware Co A are costly to imitate as identified by the MySoftware Co A 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 MySoftware Co A. 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 MySoftware Co A provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of MySoftware Co A are also not costly to imitate as identified by the MySoftware Co A VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from MySoftware Co A by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of MySoftware Co A a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of MySoftware Co A are very difficult to imitate as identified by the VRIO Analysis of MySoftware Co A. 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 MySoftware Co A is also very costly to imitate by competition as identified by the MySoftware Co A VRIO Analysis. This has been developed over the years gradually by MySoftware Co A. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of MySoftware Co A are organised to capture value as identified by the VRIO Analysis of MySoftware Co A. 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 MySoftware Co A.
- The Patents of MySoftware Co A are not well organised as identified by the MySoftware Co A 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 MySoftware Co A starts selling patented products before the patents expire.
- The distribution network of MySoftware Co A is organised as identified by the VRIO Analysis of MySoftware Co A. MySoftware Co A 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 MySoftware Co A.
From the VRIO Analysis of MySoftware Co A, 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 MySoftware Co A 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.
Sarah Zachary
5.0
Weekend with friends and have a party with them. Yup, I really wanted this. Thank you!
Amber Zachary
5.0
It was hard for me to put the words on the assignment. My sentence formation is too weak. Beholden to the expert who tackled this matter with trustworthiness and in an easy way. Thanks!
Mira Mustafa
5.0
I ultimately suggest this service to those who want to learn something new. I didn’t find plagiarism in the document. Thanks a lot!
Marzia Massimo
4.0
The expert exceeded the assumptions and I would like to suggest this company to others. Grateful!
Next Articles
- Killing Craigslist: Entrepreneurship In The Online Apartment Rental Market Vrio Analysis
- Cell Network (A): From Idea To Take Off Vrio Analysis
- Universal Robotics Corp. Vrio Analysis
- Managing Intellectual Capital: Licensing And Cross Licensing In Semiconductors And Electronics Vrio Analysis
- @Hoc: Leveraging Israeli Technology In The United States Vrio Analysis
- Horizon Group Vrio Analysis
- SpiffyTerm, Inc.: January 2000 Vrio Analysis
- Teledesic (Abridged) Vrio Analysis
- Chunghwa Telecom Co., Ltd. (A) Vrio Analysis
- Skype: A Case Study Of How Skype Derived "Place Surplus" In The Estonian Capital Of Tallinn Vrio Analysis
Previous Articles
- EFrenzy, Inc. (A) Vrio Analysis
- Women.com Vrio Analysis
- Lotus Development Corp. Vrio Analysis
- Cell Network (C): From Take Off To Mainstream Vrio Analysis
- Slingshot Technology, Inc. (B) Vrio Analysis
- Endeca Negotiation: Charlie Yie Vrio Analysis
- Securicor Wireless Networks: February 1996 Vrio Analysis
- Katie Burke (A) Vrio Analysis
- BEA Systems, Inc.: Constant Reinvention To Cope With Market Waves Vrio Analysis
- AtHoc: Dealing With Disruption 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!