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Internal Environmental Analysis of Booking.com

   

Added on  2023-04-22

6 Pages610 Words413 Views
INTERNAL ENVIRONMENTAL
ANALYSIS OF BOOKING.COM
Internal Environmental Analysis of Booking.com_1
RESOURCE CAPABILITIES AND CORE COMPETENCIES
Booking.com gains competitive advantage in the competitive market through
strong market efforts and brand name
Booking.com have their presence in the entire worldwide since the year 1996
through online booking techniques and the site is available in 43 languages
(Booking.com. 2019)
Overall ability to see the potential new markets which helps them in becoming
more unique in their approach
The system of payment is unique and patented for the convenience of the
customers in the market
Ease of use and ability to select the hotels at the own rate from the
Booking.com site
Availability of various ranges of rooms, flight tickets and sight seeing which
meets the demands of customers as per their affordability
Internal Environmental Analysis of Booking.com_2
VRIN ANALYSIS
Valuable
Strong Brand Image and Global Presence is valuable which helps them in growing
customer base and a strong reputation for marketing their products and services to customers
Supply Chain Management is valuable as the managed SCM helps in sourcing the various
services of hotels which enables them in delivering great quality
Marketing Strategy and Human Resource Management are the other resources which
assists them in increasing popularity for retention of the customers (Mudambi and Puck
2016)
Rareness
Strong Brand Image and global presence is rare and this is a competition for other brands
Supply Chain Management is not so rare as this is not difficult in achieving strategy and
investment
Marketing Strategy and Human Resource Management is not so rare as the HRM strategies
are same in all the companies and this is easy to be copied by them
Imitability
Strong Brand Image and global presence is hard to imitable and this helps in improving
the brand image
Supply Chain Management is imitable as the supply chain activities of MakeMyTrip is
similar
Marketing Strategy and Human Resource Management is not imitable as there are
different kinds of strategies which will improve their overall efficiency positively
Non-Substitutable
Strong Brand Image and global presence is not substitutable and this helps them in
increasing brand image
Supply Chain Management is substitutable as all the other travel agencies perform similar
actions appropriately (Seo, Park and Choi 2016)
Marketing Strategy and Human Resource Management is substitutable and this affects
their brand image
Internal Environmental Analysis of Booking.com_3

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