- 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 Convocation at the National Institute of Management s Central India Campus A
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Convocation at the National Institute of Management s Central India Campus A will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus A VRIO Analysis shows that the financial resources of Convocation at the National Institute of Management s Central India Campus A are highly valuable as these help in investing into external opportunities that arise. These also help Convocation at the National Institute of Management s Central India Campus A in combating external threats.
- According to the VRIO Analysis of Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus A VRIO Analysis shows that Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus A's products.
- According to the VRIO Analysis of Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus A. These patents also provide Convocation at the National Institute of Management s Central India Campus A with licensing revenue when it licenses these patents out to other manufacturers.
- The Convocation at the National Institute of Management s Central India Campus A VRIO Analysis shows that Convocation at the National Institute of Management s Central India Campus A’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Convocation at the National Institute of Management s Central India Campus A. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus A VRIO Analysis shows that the research and development at Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus A. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Convocation at the National Institute of Management s Central India Campus A are found to be rare according to the VRIO Analysis of Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus A and inhibit competitive advantage. This means that the local food products result in competitive parity for Convocation at the National Institute of Management s Central India Campus A. As this resource is valuable, Convocation at the National Institute of Management s Central India Campus A can still make use of this resource.
- The employees of Convocation at the National Institute of Management s Central India Campus A are a rare resource as identified by the VRIO Analysis of Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus A are a rare resource as identified by the Convocation at the National Institute of Management s Central India Campus A VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Convocation at the National Institute of Management s Central India Campus A to use them without interference from the competition.
- The distribution network of Convocation at the National Institute of Management s Central India Campus A is a rare resource as identified by the VRIO Analysis of Convocation at the National Institute of Management s Central India Campus A. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Convocation at the National Institute of Management s Central India Campus A. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Convocation at the National Institute of Management s Central India Campus A are costly to imitate as identified by the Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus A provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Convocation at the National Institute of Management s Central India Campus A are also not costly to imitate as identified by the Convocation at the National Institute of Management s Central India Campus A VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Convocation at the National Institute of Management s Central India Campus A by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Convocation at the National Institute of Management s Central India Campus A a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Convocation at the National Institute of Management s Central India Campus A are very difficult to imitate as identified by the VRIO Analysis of Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus A is also very costly to imitate by competition as identified by the Convocation at the National Institute of Management s Central India Campus A VRIO Analysis. This has been developed over the years gradually by Convocation at the National Institute of Management s Central India Campus A. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Convocation at the National Institute of Management s Central India Campus A are organised to capture value as identified by the VRIO Analysis of Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus A.
- The Patents of Convocation at the National Institute of Management s Central India Campus A are not well organised as identified by the Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus A starts selling patented products before the patents expire.
- The distribution network of Convocation at the National Institute of Management s Central India Campus A is organised as identified by the VRIO Analysis of Convocation at the National Institute of Management s Central India Campus A. Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus A.
From the VRIO Analysis of Convocation at the National Institute of Management s Central India Campus 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 Convocation at the National Institute of Management s Central India Campus 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.
Edward Justin
5.0
Thank you for doing a good job in Operations & Management. My teacher liked it and I got pleased!
Zoe Alexander
5.0
All my confusing thoughts were settled by the points of expert. Thank you for giving me a sense of the subject and making me pass the exams.
Lucy Harry
5.0
Scores have been increased because of the assistance of this website. I would like to sign it for future papers.
Victoria Ryder
5.0
All types of papers are completed here. 100% real and the job achieved promptly. Proper work with fast delivery! I'm thankful to you guys!
Next Articles
- Healthcare And Harvard Business School Alumni In 2008 Vrio Analysis
- One Hundred Years Of Excellence In Business Education: What Have We Learned? Vrio Analysis
- INSEAD Vrio Analysis
- MBA In Jeopardy (C) Vrio Analysis
- Note On School Choice In U.S. Public Education Vrio Analysis
- Navy SEALs: Selecting And Training For An Elite Fighting Force Vrio Analysis
- KIPP National (A) (Abridged) Vrio Analysis
- Too Much Information Vrio Analysis
- Calit2: A UC San Diego, UC Irvine Partnership Vrio Analysis
- Professors Sven Larson And Kenneth Carpenter (D) Vrio Analysis
Previous Articles
- The Merit Of A Points Based Merit System At The Edwards School Of Business Vrio Analysis
- Paula Evans And The Redesign Of The Cambridge Rindge And Latin School (A), Spanish Version Vrio Analysis
- Rob Waldron At SCORE! Educational Centers (Abridged) Vrio Analysis
- Responding To A Heated Classroom Discussion: Affirmative Action Example Vrio Analysis
- Performance Management At The National Institute Of Management (Central India Campus) (B) Vrio Analysis
- The Future Challenges Of Business: Rethinking Management Education Vrio Analysis
- A Note On Reading Books Vrio Analysis
- Professors Sven Larson And Kenneth Carpenter (A) Vrio Analysis
- Performance Management At The National Institute Of Management (Central India Campus) (A) Vrio Analysis
- Deciding Who Decides: The Debate Over A Gay Photo Exhibit In A Madison School (A) 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!