VRIO Analysis of Seaworld Are Animal Shows Sustainable after Blackfish

Posted by Zachary Edwards on Mar-22-2018

The VRIO Analysis of Seaworld Are Animal Shows Sustainable after Blackfish will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Seaworld Are Animal Shows Sustainable after Blackfish 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 Seaworld Are Animal Shows Sustainable after Blackfish VRIO Analysis shows that the financial resources of Seaworld Are Animal Shows Sustainable after Blackfish are highly valuable as these help in investing into external opportunities that arise. These also help Seaworld Are Animal Shows Sustainable after Blackfish in combating external threats.
• According to the VRIO Analysis of Seaworld Are Animal Shows Sustainable after Blackfish, 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 Seaworld Are Animal Shows Sustainable after Blackfish VRIO Analysis shows that Seaworld Are Animal Shows Sustainable after Blackfish'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 Seaworld Are Animal Shows Sustainable after Blackfish's products.
• According to the VRIO Analysis of Seaworld Are Animal Shows Sustainable after Blackfish, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Seaworld Are Animal Shows Sustainable after Blackfish. These patents also provide Seaworld Are Animal Shows Sustainable after Blackfish with licensing revenue when it licenses these patents out to other manufacturers.
• The Seaworld Are Animal Shows Sustainable after Blackfish VRIO Analysis shows that Seaworld Are Animal Shows Sustainable after Blackfish’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Seaworld Are Animal Shows Sustainable after Blackfish. It also ensures that promotion activities translate into sales as the products are easily available.
• According to the VRIO Analysis of Seaworld Are Animal Shows Sustainable after Blackfish, 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 Seaworld Are Animal Shows Sustainable after Blackfish VRIO Analysis shows that the research and development at Seaworld Are Animal Shows Sustainable after Blackfish 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 Seaworld Are Animal Shows Sustainable after Blackfish. It is recommended that the research and development teams are improved, and costs are cut for these.

Rare

• The financial resources of Seaworld Are Animal Shows Sustainable after Blackfish are found to be rare according to the VRIO Analysis of Seaworld Are Animal Shows Sustainable after Blackfish. 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 Seaworld Are Animal Shows Sustainable after Blackfish 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 Seaworld Are Animal Shows Sustainable after Blackfish and inhibit competitive advantage. This means that the local food products result in competitive parity for Seaworld Are Animal Shows Sustainable after Blackfish. As this resource is valuable, Seaworld Are Animal Shows Sustainable after Blackfish can still make use of this resource.
• The employees of Seaworld Are Animal Shows Sustainable after Blackfish are a rare resource as identified by the VRIO Analysis of Seaworld Are Animal Shows Sustainable after Blackfish. 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 Seaworld Are Animal Shows Sustainable after Blackfish are a rare resource as identified by the Seaworld Are Animal Shows Sustainable after Blackfish VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Seaworld Are Animal Shows Sustainable after Blackfish to use them without interference from the competition.
• The distribution network of Seaworld Are Animal Shows Sustainable after Blackfish is a rare resource as identified by the VRIO Analysis of Seaworld Are Animal Shows Sustainable after Blackfish. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Seaworld Are Animal Shows Sustainable after Blackfish. These are also possessed by very few firms in the industry.

Imitable

• The financial resources of Seaworld Are Animal Shows Sustainable after Blackfish are costly to imitate as identified by the Seaworld Are Animal Shows Sustainable after Blackfish 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 Seaworld Are Animal Shows Sustainable after Blackfish. 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 Seaworld Are Animal Shows Sustainable after Blackfish provide it with a temporary competitive advantage that competitors can too acquire in the long run.
• The employees of Seaworld Are Animal Shows Sustainable after Blackfish are also not costly to imitate as identified by the Seaworld Are Animal Shows Sustainable after Blackfish VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Seaworld Are Animal Shows Sustainable after Blackfish by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Seaworld Are Animal Shows Sustainable after Blackfish a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
• The patents of Seaworld Are Animal Shows Sustainable after Blackfish are very difficult to imitate as identified by the VRIO Analysis of Seaworld Are Animal Shows Sustainable after Blackfish. 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 Seaworld Are Animal Shows Sustainable after Blackfish is also very costly to imitate by competition as identified by the Seaworld Are Animal Shows Sustainable after Blackfish VRIO Analysis. This has been developed over the years gradually by Seaworld Are Animal Shows Sustainable after Blackfish. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.

Organisation

• The financial resources of Seaworld Are Animal Shows Sustainable after Blackfish are organised to capture value as identified by the VRIO Analysis of Seaworld Are Animal Shows Sustainable after Blackfish. 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 Seaworld Are Animal Shows Sustainable after Blackfish.
• The Patents of Seaworld Are Animal Shows Sustainable after Blackfish are not well organised as identified by the Seaworld Are Animal Shows Sustainable after Blackfish 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 Seaworld Are Animal Shows Sustainable after Blackfish starts selling patented products before the patents expire.
• The distribution network of Seaworld Are Animal Shows Sustainable after Blackfish is organised as identified by the VRIO Analysis of Seaworld Are Animal Shows Sustainable after Blackfish. Seaworld Are Animal Shows Sustainable after Blackfish 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 Seaworld Are Animal Shows Sustainable after Blackfish.

From the VRIO Analysis of Seaworld Are Animal Shows Sustainable after Blackfish, 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 Seaworld Are Animal Shows Sustainable after Blackfish is a competitive disadvantage. Research and Development is also a competitive disadvantage.