- 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 KFC China Still Finger Lickin Good
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of KFC China Still Finger Lickin Good will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The KFC China Still Finger Lickin Good 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 KFC China Still Finger Lickin Good VRIO Analysis shows that the financial resources of KFC China Still Finger Lickin Good are highly valuable as these help in investing into external opportunities that arise. These also help KFC China Still Finger Lickin Good in combating external threats.
- According to the VRIO Analysis of KFC China Still Finger Lickin Good, 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 KFC China Still Finger Lickin Good VRIO Analysis shows that KFC China Still Finger Lickin Good'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 KFC China Still Finger Lickin Good's products.
- According to the VRIO Analysis of KFC China Still Finger Lickin Good, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for KFC China Still Finger Lickin Good. These patents also provide KFC China Still Finger Lickin Good with licensing revenue when it licenses these patents out to other manufacturers.
- The KFC China Still Finger Lickin Good VRIO Analysis shows that KFC China Still Finger Lickin Good’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for KFC China Still Finger Lickin Good. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of KFC China Still Finger Lickin Good, 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 KFC China Still Finger Lickin Good VRIO Analysis shows that the research and development at KFC China Still Finger Lickin Good 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 KFC China Still Finger Lickin Good. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of KFC China Still Finger Lickin Good are found to be rare according to the VRIO Analysis of KFC China Still Finger Lickin Good. 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 KFC China Still Finger Lickin Good 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 KFC China Still Finger Lickin Good and inhibit competitive advantage. This means that the local food products result in competitive parity for KFC China Still Finger Lickin Good. As this resource is valuable, KFC China Still Finger Lickin Good can still make use of this resource.
- The employees of KFC China Still Finger Lickin Good are a rare resource as identified by the VRIO Analysis of KFC China Still Finger Lickin Good. 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 KFC China Still Finger Lickin Good are a rare resource as identified by the KFC China Still Finger Lickin Good VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows KFC China Still Finger Lickin Good to use them without interference from the competition.
- The distribution network of KFC China Still Finger Lickin Good is a rare resource as identified by the VRIO Analysis of KFC China Still Finger Lickin Good. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of KFC China Still Finger Lickin Good. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of KFC China Still Finger Lickin Good are costly to imitate as identified by the KFC China Still Finger Lickin Good 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 KFC China Still Finger Lickin Good. 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 KFC China Still Finger Lickin Good provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of KFC China Still Finger Lickin Good are also not costly to imitate as identified by the KFC China Still Finger Lickin Good VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from KFC China Still Finger Lickin Good by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of KFC China Still Finger Lickin Good a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of KFC China Still Finger Lickin Good are very difficult to imitate as identified by the VRIO Analysis of KFC China Still Finger Lickin Good. 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 KFC China Still Finger Lickin Good is also very costly to imitate by competition as identified by the KFC China Still Finger Lickin Good VRIO Analysis. This has been developed over the years gradually by KFC China Still Finger Lickin Good. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of KFC China Still Finger Lickin Good are organised to capture value as identified by the VRIO Analysis of KFC China Still Finger Lickin Good. 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 KFC China Still Finger Lickin Good.
- The Patents of KFC China Still Finger Lickin Good are not well organised as identified by the KFC China Still Finger Lickin Good 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 KFC China Still Finger Lickin Good starts selling patented products before the patents expire.
- The distribution network of KFC China Still Finger Lickin Good is organised as identified by the VRIO Analysis of KFC China Still Finger Lickin Good. KFC China Still Finger Lickin Good 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 KFC China Still Finger Lickin Good.
From the VRIO Analysis of KFC China Still Finger Lickin Good, 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 KFC China Still Finger Lickin Good 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.
Luca Issac
5.0
I was very curious about getting the timely details on the dissertation that I was provided with by the member of the support team daily. I’m delighted because of their consideration.
Andrea Maxim
5.0
It is a pleasant moment that this company is sincere and provides the paper promptly. Thank you so much!
Harvey Henry
5.0
Due to less time, it was impossible for me to build up the report. I'm extremely grateful to this service that formed the task in such a short time.
Lilianna Tomme
4.0
Thank you for proofreading the assignment. College is more than from the study, that’s why I hire this service, get the paper and deliver it to my teacher.
Next Articles
- Mast Kalandar: Prioritizing Growth Opportunities Vrio Analysis
- Competing With Quality Service In Good Times And Bad Vrio Analysis
- Voyager Inn International Vrio Analysis
- Donna Klein And Marriott International, Inc. (B) Vrio Analysis
- Fassler Gourmet Singapore: Innovation From A Crisis Vrio Analysis
- Best Western Italy (A): Creating An Authentizotic Organization By Putting People First Vrio Analysis
- The Waterview Vrio Analysis
- Managing Closing Time To Enhance Manager, Employee, And Customer Satisfaction Vrio Analysis
- Bidding For The Legacy Hotel Vrio Analysis
- Best Western Italy (C): Creating An Authentizotic Organization By Putting People First Vrio Analysis
Previous Articles
- Don England: The Photocopier Incident Vrio Analysis
- TourAmerica Vrio Analysis
- Picante Mexican Grill: A New Delhi Experience Vrio Analysis
- Shareholder Activists At Friendly Ice Cream (A) Vrio Analysis
- Roaring Dragon Hotel Vrio Analysis
- Shrimp Commodity Systems Learning Lab: Guidance Notes Vrio Analysis
- Windermere Manor: Sustainability And Change Vrio Analysis
- Innovation At The Leading Hotels Of The World Vrio Analysis
- The Barcelona Mobile World Congress Vrio Analysis
- Southeastern Mills: The Improvement Journey (B) 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!