- 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 Classtivity Payal s Pirouette
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Classtivity Payal s Pirouette will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Classtivity Payal s Pirouette 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 Classtivity Payal s Pirouette VRIO Analysis shows that the financial resources of Classtivity Payal s Pirouette are highly valuable as these help in investing into external opportunities that arise. These also help Classtivity Payal s Pirouette in combating external threats.
- According to the VRIO Analysis of Classtivity Payal s Pirouette, 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 Classtivity Payal s Pirouette VRIO Analysis shows that Classtivity Payal s Pirouette'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 Classtivity Payal s Pirouette's products.
- According to the VRIO Analysis of Classtivity Payal s Pirouette, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Classtivity Payal s Pirouette. These patents also provide Classtivity Payal s Pirouette with licensing revenue when it licenses these patents out to other manufacturers.
- The Classtivity Payal s Pirouette VRIO Analysis shows that Classtivity Payal s Pirouette’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Classtivity Payal s Pirouette. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Classtivity Payal s Pirouette, 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 Classtivity Payal s Pirouette VRIO Analysis shows that the research and development at Classtivity Payal s Pirouette 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 Classtivity Payal s Pirouette. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Classtivity Payal s Pirouette are found to be rare according to the VRIO Analysis of Classtivity Payal s Pirouette. 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 Classtivity Payal s Pirouette 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 Classtivity Payal s Pirouette and inhibit competitive advantage. This means that the local food products result in competitive parity for Classtivity Payal s Pirouette. As this resource is valuable, Classtivity Payal s Pirouette can still make use of this resource.
- The employees of Classtivity Payal s Pirouette are a rare resource as identified by the VRIO Analysis of Classtivity Payal s Pirouette. 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 Classtivity Payal s Pirouette are a rare resource as identified by the Classtivity Payal s Pirouette VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Classtivity Payal s Pirouette to use them without interference from the competition.
- The distribution network of Classtivity Payal s Pirouette is a rare resource as identified by the VRIO Analysis of Classtivity Payal s Pirouette. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Classtivity Payal s Pirouette. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Classtivity Payal s Pirouette are costly to imitate as identified by the Classtivity Payal s Pirouette 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 Classtivity Payal s Pirouette. 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 Classtivity Payal s Pirouette provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Classtivity Payal s Pirouette are also not costly to imitate as identified by the Classtivity Payal s Pirouette VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Classtivity Payal s Pirouette by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Classtivity Payal s Pirouette a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Classtivity Payal s Pirouette are very difficult to imitate as identified by the VRIO Analysis of Classtivity Payal s Pirouette. 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 Classtivity Payal s Pirouette is also very costly to imitate by competition as identified by the Classtivity Payal s Pirouette VRIO Analysis. This has been developed over the years gradually by Classtivity Payal s Pirouette. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Classtivity Payal s Pirouette are organised to capture value as identified by the VRIO Analysis of Classtivity Payal s Pirouette. 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 Classtivity Payal s Pirouette.
- The Patents of Classtivity Payal s Pirouette are not well organised as identified by the Classtivity Payal s Pirouette 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 Classtivity Payal s Pirouette starts selling patented products before the patents expire.
- The distribution network of Classtivity Payal s Pirouette is organised as identified by the VRIO Analysis of Classtivity Payal s Pirouette. Classtivity Payal s Pirouette 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 Classtivity Payal s Pirouette.
From the VRIO Analysis of Classtivity Payal s Pirouette, 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 Classtivity Payal s Pirouette 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.
Valentine Jason
4.0
Thanks a lot for timely delivery!
Leo Max
5.0
The expert answered the queries gradually and got me an A grade in the exams. Thankful!
Liang Peng
5.0
It's amazing how these guys can help with the assignment. I am impressed. I'll absolutely be coming back to this service in the upcoming week. Thankful!
Craig Chisholm
5.0
my first use of the service. The writer provided enough information that will help me complete the exercise a day early. Have another paper on deck and will use the service!
Next Articles
- The Chocolate Factory (A) Vrio Analysis
- Better Ventures: Backing Entrepreneurs Building A Better World Vrio Analysis
- InVenture: Building Credit Scoring Tools For The Base Of The Pyramid Vrio Analysis
- HourlyNerd Vrio Analysis
- Delivering The Goods At Shippo Vrio Analysis
- Tim Harkness: Starting Over Vrio Analysis
- Eve Hall: The African American Investment Fund In Milwaukee Vrio Analysis
- From Start Up To Grown Up Nation: The Future Of The Israeli Innovation Ecosystem Vrio Analysis
- Rise Of The Startup City: The Changing Geography Of The Venture Capital Financed Innovation Vrio Analysis
- Growing Pains At Commonwealth Dairy Vrio Analysis
Previous Articles
- Saudi Aramco And Corporate Venture Capital Vrio Analysis
- Adara Venture Partners: Building A Venture Capital Firm Vrio Analysis
- GovDelivery Vrio Analysis
- IguanaFix Vrio Analysis
- Negotiating With Chinese Business Partners: What Are You Going To Give Us? Vrio Analysis
- Aro Granite Industries Limited: Competition And Exportation Challenges Vrio Analysis
- UPower Technologies Inc. Vrio Analysis
- Creating Revenue Streams For VOSS Vrio Analysis
- Marissa Wesely And Women's Empowerment Vrio Analysis
- Garrett Moran And Scaling Year Up To Close The Opportunity Divide 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!