Question

Pick a company you are familiar with. Can you identify some of its core competencies?

Dont copy paste from the websites.

Please answer in more than 350 words and only in word format no images.

Please answer all the questions asked. Explain some background of the company and then explain its core competencies.

Subject: Management of Technological Innovation

Thanks

Answer 1

For succesful assesment of core competencies for Nike VRIO analysis is carried out.

Value

Has always been a global leader and provision of the athletic textile as well as sports industry. My having extreme experience in the same field nike has an extreme ability to research and development new products according to the markets need. Nike have all the needed facilities from manufacturing plant to the delivery locations which directly allowed them to persuade new markets by initiating new turns into the market. Nayaki Fights the competitor with the research and development and provides a superiority in different markets by utilising the overall knowledge. Nike is capable of using days capabilities to dominate most of the markets as the working structure of Nike is huge.

Rarity

Company has been always a Pioneer in the industry. By creating different products which directly went out of the league from the mainstream products is the general criteria for nike. It is a operated by a group of a small number of competitive firms. As like you have a corrective focus on each and every segment in the sports as well as Other industries other competitors can gain advantage over Nike. But my keys resurgent development can overcome this specific problem in the realtime which makes it semi rare for the specific industry.

Imitability

is product has been developed with intense research and development since it was dealing in its product Ranges. This is Pacific company is very expensive to duplicate as if products are produced with very high quality materials and usually differentiate it with the copied products. Nike has successfully dominated the market by providing the quality products towards the specific market. And created a Unique Identity in the Marketplace.

Organisation

Nike's organisation is considered as one of the most innovative organisations with our culture which is directly oriented towards innovation. My constantly using a sustainable profitable results within the market and directly I had in research and development for the athletic footwear market in the meantime is one of the main qualities of the organisation companies owned resources as well as capabilities along to innovate as well as take risk according to the market to be a market leader

Nike's core competency is differentiation and branding.

By differentiating itself from the other brands and providing the quality products with an extreme research as well as development is one of the main qualities of the organisation. This is specific term is the core competency of the night given differentiate it from the competitors in the same industry. Man having a dominating differentiation as well as branding strategy, nike has successfully created its market and it is dominating the market by a huge margin.

By having a core competency which is directly relatable to the differentiation as well as branding, nike has been successfully dominating the market with the help of its research and development and provision of the sports shoes do the athletic society. Why having a premium brand identity Nike is successfully creating its brand identity into the different Markets and provide quality products. Is a specific marketing strategy also forces competitors to provide products in lesser price is which directly increase the influence of the Nike in the market.

All in all vacancy branding strategy as well as differentiation is the core competency of Nike in the market.