- 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 Ctrip Scientifically Managing Travel Services Chinese Version
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Ctrip Scientifically Managing Travel Services Chinese Version will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Ctrip Scientifically Managing Travel Services Chinese Version 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 Ctrip Scientifically Managing Travel Services Chinese Version VRIO Analysis shows that the financial resources of Ctrip Scientifically Managing Travel Services Chinese Version are highly valuable as these help in investing into external opportunities that arise. These also help Ctrip Scientifically Managing Travel Services Chinese Version in combating external threats.
- According to the VRIO Analysis of Ctrip Scientifically Managing Travel Services Chinese Version, 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 Ctrip Scientifically Managing Travel Services Chinese Version VRIO Analysis shows that Ctrip Scientifically Managing Travel Services Chinese Version'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 Ctrip Scientifically Managing Travel Services Chinese Version's products.
- According to the VRIO Analysis of Ctrip Scientifically Managing Travel Services Chinese Version, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Ctrip Scientifically Managing Travel Services Chinese Version. These patents also provide Ctrip Scientifically Managing Travel Services Chinese Version with licensing revenue when it licenses these patents out to other manufacturers.
- The Ctrip Scientifically Managing Travel Services Chinese Version VRIO Analysis shows that Ctrip Scientifically Managing Travel Services Chinese Version’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Ctrip Scientifically Managing Travel Services Chinese Version. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Ctrip Scientifically Managing Travel Services Chinese Version, 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 Ctrip Scientifically Managing Travel Services Chinese Version VRIO Analysis shows that the research and development at Ctrip Scientifically Managing Travel Services Chinese Version 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 Ctrip Scientifically Managing Travel Services Chinese Version. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Ctrip Scientifically Managing Travel Services Chinese Version are found to be rare according to the VRIO Analysis of Ctrip Scientifically Managing Travel Services Chinese Version. 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 Ctrip Scientifically Managing Travel Services Chinese Version 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 Ctrip Scientifically Managing Travel Services Chinese Version and inhibit competitive advantage. This means that the local food products result in competitive parity for Ctrip Scientifically Managing Travel Services Chinese Version. As this resource is valuable, Ctrip Scientifically Managing Travel Services Chinese Version can still make use of this resource.
- The employees of Ctrip Scientifically Managing Travel Services Chinese Version are a rare resource as identified by the VRIO Analysis of Ctrip Scientifically Managing Travel Services Chinese Version. 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 Ctrip Scientifically Managing Travel Services Chinese Version are a rare resource as identified by the Ctrip Scientifically Managing Travel Services Chinese Version VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Ctrip Scientifically Managing Travel Services Chinese Version to use them without interference from the competition.
- The distribution network of Ctrip Scientifically Managing Travel Services Chinese Version is a rare resource as identified by the VRIO Analysis of Ctrip Scientifically Managing Travel Services Chinese Version. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Ctrip Scientifically Managing Travel Services Chinese Version. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Ctrip Scientifically Managing Travel Services Chinese Version are costly to imitate as identified by the Ctrip Scientifically Managing Travel Services Chinese Version 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 Ctrip Scientifically Managing Travel Services Chinese Version. 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 Ctrip Scientifically Managing Travel Services Chinese Version provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Ctrip Scientifically Managing Travel Services Chinese Version are also not costly to imitate as identified by the Ctrip Scientifically Managing Travel Services Chinese Version VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Ctrip Scientifically Managing Travel Services Chinese Version by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Ctrip Scientifically Managing Travel Services Chinese Version a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Ctrip Scientifically Managing Travel Services Chinese Version are very difficult to imitate as identified by the VRIO Analysis of Ctrip Scientifically Managing Travel Services Chinese Version. 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 Ctrip Scientifically Managing Travel Services Chinese Version is also very costly to imitate by competition as identified by the Ctrip Scientifically Managing Travel Services Chinese Version VRIO Analysis. This has been developed over the years gradually by Ctrip Scientifically Managing Travel Services Chinese Version. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Ctrip Scientifically Managing Travel Services Chinese Version are organised to capture value as identified by the VRIO Analysis of Ctrip Scientifically Managing Travel Services Chinese Version. 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 Ctrip Scientifically Managing Travel Services Chinese Version.
- The Patents of Ctrip Scientifically Managing Travel Services Chinese Version are not well organised as identified by the Ctrip Scientifically Managing Travel Services Chinese Version 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 Ctrip Scientifically Managing Travel Services Chinese Version starts selling patented products before the patents expire.
- The distribution network of Ctrip Scientifically Managing Travel Services Chinese Version is organised as identified by the VRIO Analysis of Ctrip Scientifically Managing Travel Services Chinese Version. Ctrip Scientifically Managing Travel Services Chinese Version 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 Ctrip Scientifically Managing Travel Services Chinese Version.
From the VRIO Analysis of Ctrip Scientifically Managing Travel Services Chinese Version, 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 Ctrip Scientifically Managing Travel Services Chinese Version 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.
Sandhe Lucas
5.0
Would like to suggest this service to students around the world. A platform that is suitable for every student.
Aila Nathan
5.0
The entire paper was all right apart from the methodology section. Thanks for a great paper and your sincerity!
Ma Yan
5.0
It's really not the problem for this service how much the tight deadline is. It will provide you with the assignment on the fixed time.
Alex Recardo
4.0
Will continue to use this service until the completion of my degree. You guys are really great!
Next Articles
- The Road To Tortuguero Vrio Analysis
- Marilyn Carlson Nelson And The Carlson Companies' Renaissance Vrio Analysis
- Lou Gerstner Vrio Analysis
- Astroscale, Space Debris, And Earth's Orbital Commons Vrio Analysis
- TriCiclos: The Challenge Of Scaling Recycling In Latin America Vrio Analysis
- Dans La Rue: Balancing The Heart And The Pocketbook Vrio Analysis
- Julie Hallman At The Falaise Foundation Vrio Analysis
- Vendedy: The World's Street Markets In Your Pocket Vrio Analysis
- Paytm: Targeting More Pockets For Its Mobile Wallet Vrio Analysis
- First Solar: The Solar Module Recycling Opportunity Vrio Analysis
Previous Articles
- Posada Amazonas, Spanish Version Vrio Analysis
- Fritidsresor Under Pressure (A): The First 10 Hours Vrio Analysis
- GMR Group: Leadership Challenges In Building A World Class Airport Vrio Analysis
- Spartan Building Products Vrio Analysis
- K M Trans Logistics: Workshop Operations Vrio Analysis
- Chandrabala Modi Academy, Ankleshwar (A) Vrio Analysis
- British Columbia Ferry Services Inc.: Charting A Safe Course Vrio Analysis
- Vancom Transportation, Inc. (B) Vrio Analysis
- Fleet Forum: Rethinking Humanitarian Vehicle Management Vrio Analysis
- Rethinking Cities: Chicago On The Move 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!