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organizational diagnosis using the VRIO framework and SWOT analysis to have a deep understanding of the unique values of https://www.theboxoflife.com/
VRIO analysis
The VRIO framework is an internal analysis through which businesses try to identify the
strengths and resources that give them competitive edge over their competitors. The VRIO
framework is an acronym that includes Value, Rarity, Imitability, and Organization. These four
factors are considered important markers for the unique values and resources the business is
characterized by. A crucial aspect of the VRIO analysis is to identify the elements of these four
categories mentioned above, and once you do so, you can proceed to explore more to uncover
more details about them.
SWOT analysis
Conducting a SWOT analysis is a powerful way to evaluate a business irrespective of the size of
the business or the number of employees. The SWOT analysis is a technique that we use to
determine and define a company’s Strengths, Weaknesses, Opportunities, and Threats. Most
commonly, we use SWOT analysis to determine how closely a business is aligned with its
growth trajectories and benchmarks for success. We assess and evaluate the internal and
external factors through SWOT analysis.
Strengths (s) and weaknesses (W) refer to internal factors. These are usually the resources and
experiences that are readily available to you. Some commonly considered internal factors are
financial, physical, and human resources; trademarks, patents, and copyrights; employee
programs; software systems; etc. External factors, on the other hand, influence and affect the
business and the individuals connected with the business. These factors are usually connected
directly or indirectly to an opportunity (O) or threat (T). External factors are typically the things
that your business does not control such as market and economic trends; funding;
demographics; political, environment, and economic regulations; etc.
Based on the resources on the small business client (https://www.theboxoflife.com/) a
VRIO and SWOT analysis on the client’s business. After you conduct both the VRIO and SWOT
analysis, you’ll come up with some recommendations and strategies based on the results.
Writing instructions :
1. it must be based on the elements mentioned above in the
instructions as well as criteria such as the quality of your analyses, quality
and readability of your paper, grammar and punctuation, etc.
2.You must compare this client with the similar businesses in this industry .
3.Use headings and sub-heads (if needed) throughout the paper .
4.IT must be visualize with some charts,tables ,images ,stastics and somethink like that .
5.Use Times New Roman, 12-font, double-spaced.
6.Do not exceed 12 pages excluding the title page.
7.follow the APA guidelines for citing sources – both in-text citation as well as
citation in the references section at the end of the paper.
8. you must be deep in your ideas not just offering or mentioning something .