- 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 Internal Competition - A Curse for Team Performance
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of Internal Competition - A Curse for Team Performance will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Internal Competition - A Curse for Team Performance 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 Internal Competition - A Curse for Team Performance VRIO Analysis shows that the financial resources of Internal Competition - A Curse for Team Performance are highly valuable as these help in investing into external opportunities that arise. These also help Internal Competition - A Curse for Team Performance in combating external threats.
- According to the VRIO Analysis of Internal Competition - A Curse for Team Performance, 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 Internal Competition - A Curse for Team Performance VRIO Analysis shows that Internal Competition - A Curse for Team Performance'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 Internal Competition - A Curse for Team Performance's products.
- According to the VRIO Analysis of Internal Competition - A Curse for Team Performance, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Internal Competition - A Curse for Team Performance. These patents also provide Internal Competition - A Curse for Team Performance with licensing revenue when it licenses these patents out to other manufacturers.
- The Internal Competition - A Curse for Team Performance VRIO Analysis shows that Internal Competition - A Curse for Team Performance’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Internal Competition - A Curse for Team Performance. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of Internal Competition - A Curse for Team Performance, 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 Internal Competition - A Curse for Team Performance VRIO Analysis shows that the research and development at Internal Competition - A Curse for Team Performance 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 Internal Competition - A Curse for Team Performance. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of Internal Competition - A Curse for Team Performance are found to be rare according to the VRIO Analysis of Internal Competition - A Curse for Team Performance. 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 Internal Competition - A Curse for Team Performance 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 Internal Competition - A Curse for Team Performance and inhibit competitive advantage. This means that the local food products result in competitive parity for Internal Competition - A Curse for Team Performance. As this resource is valuable, Internal Competition - A Curse for Team Performance can still make use of this resource.
- The employees of Internal Competition - A Curse for Team Performance are a rare resource as identified by the VRIO Analysis of Internal Competition - A Curse for Team Performance. 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 Internal Competition - A Curse for Team Performance are a rare resource as identified by the Internal Competition - A Curse for Team Performance VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Internal Competition - A Curse for Team Performance to use them without interference from the competition.
- The distribution network of Internal Competition - A Curse for Team Performance is a rare resource as identified by the VRIO Analysis of Internal Competition - A Curse for Team Performance. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Internal Competition - A Curse for Team Performance. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of Internal Competition - A Curse for Team Performance are costly to imitate as identified by the Internal Competition - A Curse for Team Performance 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 Internal Competition - A Curse for Team Performance. 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 Internal Competition - A Curse for Team Performance provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of Internal Competition - A Curse for Team Performance are also not costly to imitate as identified by the Internal Competition - A Curse for Team Performance VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Internal Competition - A Curse for Team Performance by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Internal Competition - A Curse for Team Performance a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of Internal Competition - A Curse for Team Performance are very difficult to imitate as identified by the VRIO Analysis of Internal Competition - A Curse for Team Performance. 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 Internal Competition - A Curse for Team Performance is also very costly to imitate by competition as identified by the Internal Competition - A Curse for Team Performance VRIO Analysis. This has been developed over the years gradually by Internal Competition - A Curse for Team Performance. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of Internal Competition - A Curse for Team Performance are organised to capture value as identified by the VRIO Analysis of Internal Competition - A Curse for Team Performance. 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 Internal Competition - A Curse for Team Performance.
- The Patents of Internal Competition - A Curse for Team Performance are not well organised as identified by the Internal Competition - A Curse for Team Performance 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 Internal Competition - A Curse for Team Performance starts selling patented products before the patents expire.
- The distribution network of Internal Competition - A Curse for Team Performance is organised as identified by the VRIO Analysis of Internal Competition - A Curse for Team Performance. Internal Competition - A Curse for Team Performance 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 Internal Competition - A Curse for Team Performance.
From the VRIO Analysis of Internal Competition - A Curse for Team Performance, 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 Internal Competition - A Curse for Team Performance 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.
Aishani Anvekar
5.0
This website is a unique solution for every assignment of academics in no time. Happy with the affordable fees and satisfied with the plagiarism-free data.
Jennifer Huang
5.0
I was anxious about the grammar and insisted on the error-free paper. My paper didn’t even attain any punctuation fault. Thank you!
Louna David
5.0
If you need for the modification of the assignment, this paper writing service will do it the right way. So, just order it and get the desired result.
Sabrina Micheal
4.0
I am completely satisfied with this custom paper help that they provide—a brief and accurate document. Great service!
Next Articles
- Boots PLC: Japan Market Entry Vrio Analysis
- Pak Elektron Limited: Converting Systems To ERP Vrio Analysis
- Netflix: The Public Relations Box Office Flop Vrio Analysis
- Pret A Manger Vrio Analysis
- Danish National Advanced Technology Foundation: A World Of Opportunities, Video Vrio Analysis
- Danish National Advanced Technology Foundation Vrio Analysis
- Google.org: For Profit Philanthropy Vrio Analysis
- Michelle Rhee And The Washington D.C. Public Schools Vrio Analysis
- Growing Managers: Moving From Team Member To Team Leader Vrio Analysis
- Inside The World Of The Project Baron Vrio Analysis
Previous Articles
- El Coyote Mexican Cafe In The Wake Of Proposition 8 Vrio Analysis
- Margaret Jefferson: Performance Issue At A Performing Arts Company B Vrio Analysis
- Margaret Jefferson: Performance Issue At A Performing Arts Company A Vrio Analysis
- MSPL Limited: CSR And Sustainability In Mining Vrio Analysis
- Mission Hills: Taking The Next Step Vrio Analysis
- The Night Ministry: Facing The Loss Of A Founder Vrio Analysis
- Training And Development At RVA: A Nonprofit Organization Vrio Analysis
- Career Mentoring For Women: New Horizons/Expanded Methods Vrio Analysis
- A Framework For Improving Organizational Interventions Vrio Analysis
- Snehalaya 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!