1. Applying Porter’s Value Chain Analysis and case information
1a. Identify and describe the internal value-chain activities of Marvel. (30%) Max 500 words
1b. Explain how Marvel’s activities fit with one another (that is, how activities relate to one another) and hence enhance its competitive advantage over its competitors? (20%) Max 300 words
2. Applying the Resource-Based View (i.e., VRIN analysis) and case information, discuss what are the sources of Marvel’s inimitability – how the sources make competitors difficult to imitate or copy its success? (30%) Max 500 words
3. Compare and contrast the cases of Marvel vs. LEGO, what commonalities and differences do you find, in terms of how the company was strategically transformed? (20%) Max 300 words
Identify and describe the internal value-chain activities of Marvel.
Marvel’s internal value chain can be divided into the following primary activities:
In addition to these primary activities, Marvel also engages in a number of support activities:
1b. Explain how Marvel’s activities fit with one another (that is, how activities relate to one another) and hence enhance its competitive advantage over its competitors?
Marvel’s activities fit together in a way that creates a competitive advantage for the company. For example, Marvel’s strong brand reputation and its extensive network of retailers help to generate demand for its products. This demand then helps to justify Marvel’s investment in new technologies and its commitment to hiring the best talent. The combination of these factors creates a virtuous circle that allows Marvel to continue to innovate and grow.
In addition, Marvel’s activities are closely coordinated. For example, Marvel’s marketing and sales activities are closely aligned with its product development activities. This ensures that Marvel is able to bring new products to market quickly and effectively.
The coordination of Marvel’s activities allows the company to deliver a high-quality product to customers at a competitive price. This is a key factor in Marvel’s success.
In conclusion, Marvel’s internal value chain is a complex and sophisticated system that helps the company to create a competitive advantage. The coordination of Marvel’s activities and the fit between these activities are key factors in the company’s success.