The VRIO analysis of Case Analysis Cirque Du Soleil Company is a broad range analysis providing the organization with an opportunity to get a feasible competitive benefit versus its competitors in the food and drink industry, summarized in Exhibit I.
Valuable
The resources utilized by the Case Analysis Cirque Du Soleil company are important for the company or not. Such as the resources like finance, human resources, management of operations and professionals in marketing. This are some of the key important aspects of for the identification of competitive advantage.
Rare
The important resources made use of by Case Analysis Cirque Du Soleil are even unusual or pricey. If these resources are frequently discovered that it would be easier for the competitors and the brand-new rivals in the market to easily move in competitors.
Imitation
The imitation procedure is expensive for the competitors of Case Analysis Cirque Du Soleil Business. It can be done only in two various methods i.e. product duplication which is produced and produced by Case Analysis Cirque Du Soleil Company and launching of the replacement of the products with switching expense. This increases the risk of disturbance to the current structure of the market.
Organization
This part of VRIO analysis deals with the compatibility of the company to place in the market making productive use of its valuable resources which are tough to imitate. Frequently, the advancement of management is totally depending on the company's execution strategy and team. Thus, this polishes the skills of the firm by time based on the choices made by company for the progression of its tactical capitals.
Exhibit I: VRIO Analysis
