After applying the VRIN criteria to the resources given in the case‚ 3 key intangible resources have been identified in helping Banyan Tree (BT) achieve strategic competitiveness and above-average returns. The analysis is summarized in the below table. Resources | Valuable? | Rare? | Inimitable? | Non-substitutable? | 1. Brand | Yes – BT has successfully tapped into its target market segment because of its strategic brand positioning and image. | Yes – The only resort targeting the luxury premium
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VRIN Framework Resources | V | R | I | N | Explanation | Software | iTunes‚ continuation of current strategy. | | | | | iTunes still holds the majority of the market share‚ showing positive effects. However‚ becoming less rare as similar software is produced‚ which allows synchronization of the apple product without iTunes‚ such as Copy Trans. | | iWork‚ invest in redeveloping product | | | | | Redeveloping the product would certainly increase the value and demand for the products
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【Department】: International College - Tourism 【Class】: Sophomore 48201 【Course type】: Required course 【Course title】: Tourism Marketing 99458 【Credits】: 3 credits for spring semester 【Course info.】: Friday 9:10 to 12:10 / Classroom CC505 【Instructor】: Dr. Hsuan Hsuan Chang Email: changtzu@mail.mcu.edu.tw Office: P316 / Q518 Telephone: 03-3507001 ext 3581 / 3441 Cellar Phone: 0966056149 Office Hours: Tuesday / Wednesday / Friday Work in Taipei: Monday / Thrusday Course Goals This
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Healthcare industry is in a lot of pressure to improve patient safety‚ increase efficiency‚ reduce medical errors‚ and provide access to patients to information while keeping costs low and adhering to policies. Information Technology (IT) can be seen as the only way to promote all of this. In healthcare‚ IT has improved operational efficiency and increased productivity by reducing paperwork‚ automating routine processes‚ and eliminating waste through duplication of tests. Computerized physician
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Health Care Models Analysis Sarah Bomar Grand Canyon University: HCA-515 January 15‚ 2014 Food poisoning is a common problem for millions of Americans and people throughout the world. Food poisoning occurs when food infected with bacteria is ingested. People who become infected with food borne organisms might have symptoms ranging from mild cramping and intestinal discomfort to severe nausea and diarrhea‚ accompanied by dehydration. Depending on the
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Cost and Quality Analysis When comparing the relationship between health care costs and quality‚ the two tend to be closely related. In some cases‚ when eliminating quality waste and improving productivity‚ there is a possibility to achieving substantial reductions in costs and improvements in the quality of care (James‚ 1989). Depending on the quality level of healthcare in which a person expects to receive‚ insurance agencies offer different packages relative to the cost the person is willing
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Case Analysis: Intermountain Healthcare Key Factors Behind the Success of Intermountain Healthcare Intermountain Healthcare ("Intermountain" or "IHC") is widely regarded as a successful model of low cost‚ high quality delivery. The Midwest-based integrated delivery system achieved this reputation by adopting an approach that emphasizes reducing healthcare costs through process-driven delivery quality improvement. The three most important elements of this approach are: 1) the focus on minimizing
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Healthcare policy analysis Vanessa Connor Week 7 Devry University Professor Hasting Healthcare policy analysis Its finally happening!We get to manage our own health care .Our issues with Healthcare and insurance is finally looking up in a positive way .Finding a doctor won’t be such a hassle nor will it be someone else telling you who you have to pick . Insurance won’t be so high and even has made it possible to carry insurance without it breaking our
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GrattonGrand Canyon University College of NursingEthics‚ Policy‚ and Finance in the Health Care SystemNUR 508Kris BoivinDecember 18‚ 2013Cost and Quality AnalysisQuality and Cost Both cost containment and quality improvement are critical topics related to healthcare. Unfortunately‚ the relationship between the two remains controversial and poorly understood. On one hand it is argued that increasing quality would cause an increase in cost and vice versa decreased quality if cost is reduced. On the other hand
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is also one of the few American industries that is expected to grow in the next few decades. In fact‚ the healthcare industry in America is expected to generate 3.2 million new jobs through the year 2018‚ which is more than any other American industry. It is not only a large industry‚ but a very broad one with many potential investment opportunities and many potential risks The healthcare division is made up of many different industries‚ each with different dynamics – from pharmaceuticals and
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