Writing Outline: VRIO
1
Fill out the boxes below.
1. How are your assigned company’s value chain functions connected financially, culturally, and technologically? (AI prompt: How are Crocs'/Nike Shoes’ value chain functions connected financially, culturally, and technologically?)
Dependency on Single Material (Croslite
™
): Value: -
While Croslite
™
provides benefits, overreliance on a single material poses risks in terms of supply chain disruptions and limited product diversification. Rarity: -
Dependency on a single material is not rare in the footwear industry, as many competitors also rely on proprietary materials or unique technologies. Imitability: -
Competitors can develop alternative materials or technologies that offer similar benefits, reducing the uniqueness of Crocs' reliance on Croslite
™
. Organization: -
Crocs needs to diversify its material sourcing and invest in research and development to mitigate the risk associated with overreliance on Croslite
™
. NO COMPETITOR NOTES NEEDED.