- 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 James Chen s Entrepreneurial Odyssey C The Competitor s Story
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of James Chen s Entrepreneurial Odyssey C The Competitor s Story will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The James Chen s Entrepreneurial Odyssey C The Competitor s Story 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 James Chen s Entrepreneurial Odyssey C The Competitor s Story VRIO Analysis shows that the financial resources of James Chen s Entrepreneurial Odyssey C The Competitor s Story are highly valuable as these help in investing into external opportunities that arise. These also help James Chen s Entrepreneurial Odyssey C The Competitor s Story in combating external threats.
- According to the VRIO Analysis of James Chen s Entrepreneurial Odyssey C The Competitor s Story, 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 James Chen s Entrepreneurial Odyssey C The Competitor s Story VRIO Analysis shows that James Chen s Entrepreneurial Odyssey C The Competitor s Story'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 James Chen s Entrepreneurial Odyssey C The Competitor s Story's products.
- According to the VRIO Analysis of James Chen s Entrepreneurial Odyssey C The Competitor s Story, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for James Chen s Entrepreneurial Odyssey C The Competitor s Story. These patents also provide James Chen s Entrepreneurial Odyssey C The Competitor s Story with licensing revenue when it licenses these patents out to other manufacturers.
- The James Chen s Entrepreneurial Odyssey C The Competitor s Story VRIO Analysis shows that James Chen s Entrepreneurial Odyssey C The Competitor s Story’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for James Chen s Entrepreneurial Odyssey C The Competitor s Story. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of James Chen s Entrepreneurial Odyssey C The Competitor s Story, 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 James Chen s Entrepreneurial Odyssey C The Competitor s Story VRIO Analysis shows that the research and development at James Chen s Entrepreneurial Odyssey C The Competitor s Story 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 James Chen s Entrepreneurial Odyssey C The Competitor s Story. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of James Chen s Entrepreneurial Odyssey C The Competitor s Story are found to be rare according to the VRIO Analysis of James Chen s Entrepreneurial Odyssey C The Competitor s Story. 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 James Chen s Entrepreneurial Odyssey C The Competitor s Story 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 James Chen s Entrepreneurial Odyssey C The Competitor s Story and inhibit competitive advantage. This means that the local food products result in competitive parity for James Chen s Entrepreneurial Odyssey C The Competitor s Story. As this resource is valuable, James Chen s Entrepreneurial Odyssey C The Competitor s Story can still make use of this resource.
- The employees of James Chen s Entrepreneurial Odyssey C The Competitor s Story are a rare resource as identified by the VRIO Analysis of James Chen s Entrepreneurial Odyssey C The Competitor s Story. 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 James Chen s Entrepreneurial Odyssey C The Competitor s Story are a rare resource as identified by the James Chen s Entrepreneurial Odyssey C The Competitor s Story VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows James Chen s Entrepreneurial Odyssey C The Competitor s Story to use them without interference from the competition.
- The distribution network of James Chen s Entrepreneurial Odyssey C The Competitor s Story is a rare resource as identified by the VRIO Analysis of James Chen s Entrepreneurial Odyssey C The Competitor s Story. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of James Chen s Entrepreneurial Odyssey C The Competitor s Story. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of James Chen s Entrepreneurial Odyssey C The Competitor s Story are costly to imitate as identified by the James Chen s Entrepreneurial Odyssey C The Competitor s Story 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 James Chen s Entrepreneurial Odyssey C The Competitor s Story. 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 James Chen s Entrepreneurial Odyssey C The Competitor s Story provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of James Chen s Entrepreneurial Odyssey C The Competitor s Story are also not costly to imitate as identified by the James Chen s Entrepreneurial Odyssey C The Competitor s Story VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from James Chen s Entrepreneurial Odyssey C The Competitor s Story by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of James Chen s Entrepreneurial Odyssey C The Competitor s Story a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of James Chen s Entrepreneurial Odyssey C The Competitor s Story are very difficult to imitate as identified by the VRIO Analysis of James Chen s Entrepreneurial Odyssey C The Competitor s Story. 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 James Chen s Entrepreneurial Odyssey C The Competitor s Story is also very costly to imitate by competition as identified by the James Chen s Entrepreneurial Odyssey C The Competitor s Story VRIO Analysis. This has been developed over the years gradually by James Chen s Entrepreneurial Odyssey C The Competitor s Story. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of James Chen s Entrepreneurial Odyssey C The Competitor s Story are organised to capture value as identified by the VRIO Analysis of James Chen s Entrepreneurial Odyssey C The Competitor s Story. 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 James Chen s Entrepreneurial Odyssey C The Competitor s Story.
- The Patents of James Chen s Entrepreneurial Odyssey C The Competitor s Story are not well organised as identified by the James Chen s Entrepreneurial Odyssey C The Competitor s Story 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 James Chen s Entrepreneurial Odyssey C The Competitor s Story starts selling patented products before the patents expire.
- The distribution network of James Chen s Entrepreneurial Odyssey C The Competitor s Story is organised as identified by the VRIO Analysis of James Chen s Entrepreneurial Odyssey C The Competitor s Story. James Chen s Entrepreneurial Odyssey C The Competitor s Story 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 James Chen s Entrepreneurial Odyssey C The Competitor s Story.
From the VRIO Analysis of James Chen s Entrepreneurial Odyssey C The Competitor s Story, 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 James Chen s Entrepreneurial Odyssey C The Competitor s Story 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.
Greta Arpad
5.0
This is a pretty good service that supplies the document in keeping with the professionalism and authenticity.
Hashim Reyhan
5.0
I ordered it on Friday for the paper and received the paper on Saturday. Thank you for a good paper!
Wanita Shukla
5.0
The entire staff of this service is really considerable. How many words I specified with the expert, he followed them and made up the good paper.
Gong Qiao
5.0
The writer was very knowledgeable and experienced. I get at the platform of this service what I need. I'm entirely delighted. Thanks!
Next Articles
- Frederick Southwick And Reducing Medical Errors Vrio Analysis
- Pro Invest: How To Launch A Private Equity Real Estate Fund Vrio Analysis
- Hotel Vertu: Analyzing The Opportunity In The Boutique Hotel Industry Vrio Analysis
- Hotel Vertu: Financing The Venture In The Boutique Hotel Industry Vrio Analysis
- Differentiation?, Spanish Version Vrio Analysis
- Seaside Organics Vrio Analysis
- Formlabs: Selling A New 3D Printer Vrio Analysis
- N12 Technologies: Building An Organization And Building A Business Vrio Analysis
- Earl Gordon Eastern Circle Vrio Analysis
- Quilts Of Denmark: Managing Open Innovation Vrio Analysis
Previous Articles
- SIN Capital And The Fullerton Health IPO Vrio Analysis
- Night Lights And Nearsightedness (A) Vrio Analysis
- Embracing The Business Of Health: An Economic Imperative Vrio Analysis
- Night Lights And Nearsightedness (B) Vrio Analysis
- Fuda Cancer Hospital Development Of Private Hospitals In China Vrio Analysis
- MINTing Innovation At NewYork Presbyterian (B) Vrio Analysis
- James Chen's Entrepreneurial Odyssey (B): Vision For A Nation Vrio Analysis
- Radial Analytics Probes Post Acute Care Vrio Analysis
- Augmedix Vrio Analysis
- James Chen's Entrepreneurial Odyssey (A): Adlens 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!