- 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 Generational Differences and Work Values
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Generational Differences and Work Values will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Generational Differences and Work Values 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 Generational Differences and Work Values VRIO Analysis shows that the financial resources of Generational Differences and Work Values are highly valuable as these help in investing into external opportunities that arise. These also help Generational Differences and Work Values in combating external threats.
- According to the VRIO Analysis of Generational Differences and Work Values, 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 Generational Differences and Work Values VRIO Analysis shows that Generational Differences and Work Values'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 Generational Differences and Work Values's products.
- According to the VRIO Analysis of Generational Differences and Work Values, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Generational Differences and Work Values. These patents also provide Generational Differences and Work Values with licensing revenue when it licenses these patents out to other manufacturers.
- The Generational Differences and Work Values VRIO Analysis shows that Generational Differences and Work Values’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Generational Differences and Work Values. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Generational Differences and Work Values, 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 Generational Differences and Work Values VRIO Analysis shows that the research and development at Generational Differences and Work Values 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 Generational Differences and Work Values. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Generational Differences and Work Values are found to be rare according to the VRIO Analysis of Generational Differences and Work Values. 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 Generational Differences and Work Values 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 Generational Differences and Work Values and inhibit competitive advantage. This means that the local food products result in competitive parity for Generational Differences and Work Values. As this resource is valuable, Generational Differences and Work Values can still make use of this resource.
- The employees of Generational Differences and Work Values are a rare resource as identified by the VRIO Analysis of Generational Differences and Work Values. 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 Generational Differences and Work Values are a rare resource as identified by the Generational Differences and Work Values VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Generational Differences and Work Values to use them without interference from the competition.
- The distribution network of Generational Differences and Work Values is a rare resource as identified by the VRIO Analysis of Generational Differences and Work Values. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Generational Differences and Work Values. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Generational Differences and Work Values are costly to imitate as identified by the Generational Differences and Work Values 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 Generational Differences and Work Values. 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 Generational Differences and Work Values provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Generational Differences and Work Values are also not costly to imitate as identified by the Generational Differences and Work Values VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Generational Differences and Work Values by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Generational Differences and Work Values a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Generational Differences and Work Values are very difficult to imitate as identified by the VRIO Analysis of Generational Differences and Work Values. 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 Generational Differences and Work Values is also very costly to imitate by competition as identified by the Generational Differences and Work Values VRIO Analysis. This has been developed over the years gradually by Generational Differences and Work Values. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Generational Differences and Work Values are organised to capture value as identified by the VRIO Analysis of Generational Differences and Work Values. 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 Generational Differences and Work Values.
- The Patents of Generational Differences and Work Values are not well organised as identified by the Generational Differences and Work Values 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 Generational Differences and Work Values starts selling patented products before the patents expire.
- The distribution network of Generational Differences and Work Values is organised as identified by the VRIO Analysis of Generational Differences and Work Values. Generational Differences and Work Values 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 Generational Differences and Work Values.
From the VRIO Analysis of Generational Differences and Work Values, 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 Generational Differences and Work Values 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.
Xun Han
5.0
Thank you for completing the assignment in such a short period! Fees are also affordable and the record on data genuineness is a great step.
Chalsin Ashton
5.0
The result of this semester is better than I could imagine because this service cleared the problem for me. Thank you so much!
Mei Huang
5.0
They assured me that I'll get the assignment within two days and they provided me with this. Will come back with more assignments. Thanks a lot!
Max Charlie
5.0
I used this service many times and I got decent paper every time. This service is absolutely perfect to work with. I’m satisfied. Thanks a lot!
Next Articles
- Communication Essentials For Female Executives To Develop Leadership Presence: Getting Beyond The Barriers Of Understating Accomplishment Vrio Analysis
- Analysis ToolPak In Excel And VBA Vrio Analysis
- Brown Robin Capital: Executing A Search Fund Acquisition Vrio Analysis
- Rethinking Underemployment And Overqualification In Organizations: The Not So Ugly Truth Vrio Analysis
- The EMBI Investor Vrio Analysis
- Women And Power: Stories From Around The Globe Vrio Analysis
- The Moral Foundation Of Extra Ordinary Leadership Vrio Analysis
- Revving Up For Relief: Harley Davidson At The ITC (B) Vrio Analysis
- Revving Up For Relief: Harley Davidson At The ITC (Sequel) Vrio Analysis
- Finding The Future: Crowdsourcing Versus The Delphi Technique Vrio Analysis
Previous Articles
- The Fab Four Of Tennis Vrio Analysis
- Providing Pensions For The Poor: Targeting Cash Transfers For The Elderly In Mexico Vrio Analysis
- Expanding Health Insurance To Millions: Learning From The Oregon Health Insurance Experiment Vrio Analysis
- Time Series Forecasting Vrio Analysis
- Ernst And Young: The Western Bank Audit Vrio Analysis
- Hightower Department Stores: Imported Stuffed Animals Vrio Analysis
- The Sophomore Jinx Vrio Analysis
- Silko Scalese Machining Corporation Vrio Analysis
- Waite First Securities Vrio Analysis
- Analytical Probability Distributions With Excel 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!