- 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 Iz-Lynn Chan at Far East Organization
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Iz-Lynn Chan at Far East Organization will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Iz-Lynn Chan at Far East Organization 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 Iz-Lynn Chan at Far East Organization VRIO Analysis shows that the financial resources of Iz-Lynn Chan at Far East Organization are highly valuable as these help in investing into external opportunities that arise. These also help Iz-Lynn Chan at Far East Organization in combating external threats.
- According to the VRIO Analysis of Iz-Lynn Chan at Far East Organization, 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 Iz-Lynn Chan at Far East Organization VRIO Analysis shows that Iz-Lynn Chan at Far East Organization'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 Iz-Lynn Chan at Far East Organization's products.
- According to the VRIO Analysis of Iz-Lynn Chan at Far East Organization, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Iz-Lynn Chan at Far East Organization. These patents also provide Iz-Lynn Chan at Far East Organization with licensing revenue when it licenses these patents out to other manufacturers.
- The Iz-Lynn Chan at Far East Organization VRIO Analysis shows that Iz-Lynn Chan at Far East Organization’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Iz-Lynn Chan at Far East Organization. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Iz-Lynn Chan at Far East Organization, 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 Iz-Lynn Chan at Far East Organization VRIO Analysis shows that the research and development at Iz-Lynn Chan at Far East Organization 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 Iz-Lynn Chan at Far East Organization. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Iz-Lynn Chan at Far East Organization are found to be rare according to the VRIO Analysis of Iz-Lynn Chan at Far East Organization. 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 Iz-Lynn Chan at Far East Organization 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 Iz-Lynn Chan at Far East Organization and inhibit competitive advantage. This means that the local food products result in competitive parity for Iz-Lynn Chan at Far East Organization. As this resource is valuable, Iz-Lynn Chan at Far East Organization can still make use of this resource.
- The employees of Iz-Lynn Chan at Far East Organization are a rare resource as identified by the VRIO Analysis of Iz-Lynn Chan at Far East Organization. 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 Iz-Lynn Chan at Far East Organization are a rare resource as identified by the Iz-Lynn Chan at Far East Organization VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Iz-Lynn Chan at Far East Organization to use them without interference from the competition.
- The distribution network of Iz-Lynn Chan at Far East Organization is a rare resource as identified by the VRIO Analysis of Iz-Lynn Chan at Far East Organization. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Iz-Lynn Chan at Far East Organization. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Iz-Lynn Chan at Far East Organization are costly to imitate as identified by the Iz-Lynn Chan at Far East Organization 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 Iz-Lynn Chan at Far East Organization. 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 Iz-Lynn Chan at Far East Organization provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Iz-Lynn Chan at Far East Organization are also not costly to imitate as identified by the Iz-Lynn Chan at Far East Organization VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Iz-Lynn Chan at Far East Organization by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Iz-Lynn Chan at Far East Organization a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Iz-Lynn Chan at Far East Organization are very difficult to imitate as identified by the VRIO Analysis of Iz-Lynn Chan at Far East Organization. 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 Iz-Lynn Chan at Far East Organization is also very costly to imitate by competition as identified by the Iz-Lynn Chan at Far East Organization VRIO Analysis. This has been developed over the years gradually by Iz-Lynn Chan at Far East Organization. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Iz-Lynn Chan at Far East Organization are organised to capture value as identified by the VRIO Analysis of Iz-Lynn Chan at Far East Organization. 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 Iz-Lynn Chan at Far East Organization.
- The Patents of Iz-Lynn Chan at Far East Organization are not well organised as identified by the Iz-Lynn Chan at Far East Organization 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 Iz-Lynn Chan at Far East Organization starts selling patented products before the patents expire.
- The distribution network of Iz-Lynn Chan at Far East Organization is organised as identified by the VRIO Analysis of Iz-Lynn Chan at Far East Organization. Iz-Lynn Chan at Far East Organization 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 Iz-Lynn Chan at Far East Organization.
From the VRIO Analysis of Iz-Lynn Chan at Far East Organization, 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 Iz-Lynn Chan at Far East Organization 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.
Heather Raymond
4.0
I'm completely satisfied!
Rueda Sanchez
5.0
The essay was in the way that it expressed that was written by a skilled person. Received the paper with good prices!
Grance Azaan
5.0
The revision was free of charge and the best part is the plagiarism report. Thanks a lot!
Sarah Kelly
4.0
I was doing part-time jobs, which is why it was difficult for me to write coursework. I hired this service and it provided me an explained assignment. Thanks a lot!
Next Articles
- Analyzing Low Patient Satisfaction At Herzog Memorial Hospital Vrio Analysis
- Sustainable Procurement At SNCF: An Impressionist's Approach To Transformation Vrio Analysis
- Milwaukee (B1): Dean Amhaus, President, Water Council Vrio Analysis
- At Ford, Turnaround Is Job One Vrio Analysis
- The Freelancers Union (B) Vrio Analysis
- Pierre Frankel In Moscow (A): Unfreezing Change Vrio Analysis
- Pierre Frankel In Moscow (B): Plowing Ahead Vrio Analysis
- Pierre Frankel In Moscow (C): Results Vrio Analysis
- Edward Stroz And Eric Friedberg, Co Presidents Of Stroz Friedberg, In Class Comments, April 15, 2011 Vrio Analysis
- Interview With Edward Stroz And Eric Friedberg, Co Presidents Of Stroz Friedberg Vrio Analysis
Previous Articles
- My Chevrolet: A Case Study Of Brazilian Innovation And Entrepreneurship Vrio Analysis
- Deborah DiSanzo At Philips Medical (B) Vrio Analysis
- Deborah DiSanzo At Philips Medical (A) Vrio Analysis
- Sabina: Adapting Proactively To Change Vrio Analysis
- Interview With Bill Allen And Maria Pejter: A.P. Moller Maersk Group, Video Supplement Vrio Analysis
- Ken Private Limited: Digitization Project Vrio Analysis
- Performance Appraisal At Telespazio: Aligning Strategic Goals To People Development Vrio Analysis
- The Perils And Pitfalls Of Leading Change: A Young Manager's Turnaround Journey Vrio Analysis
- Knowledge Management At The World Bank: Part 2 Vrio Analysis
- Diversity Challenge: An Integrated Process To Bridge The 'Implementation Gap' 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!