The VRIO analysis of Changan Automobile Co Ltd Company is a broad variety analysis supplying the company with an opportunity to obtain a practical competitive advantage against its rivals in the food and drink industry, summed up in Exhibit I.
Valuable
The resources used by the Changan Automobile Co Ltd company are important for the business or not. Such as the resources like finance, human resources, management of operations and professionals in marketing. This are a few of the crucial valuable aspects of for the identification of competitive benefit.
Rare
The valuable resources utilized by Changan Automobile Co Ltd are even uncommon or pricey. If these resources are frequently found that it would be much easier for the rivals and the new rivals in the market to effortlessly move in competition.
Imitation
The imitation process is pricey for the rivals of Changan Automobile Co Ltd Business. It can be done just in two various strategies i.e. item duplication which is produced and produced by Changan Automobile Co Ltd Business and introducing of the replacement of the products with switching cost. This increases the risk of disruption to the recent structure of the market.
Organization
This component of VRIO analysis deals with the compatibility of the business to position in the market making productive use of its important resources which are difficult to imitate. Regularly, the development of management is completely depending on the company's execution technique and group. Thus, this polishes the abilities of the company by time based upon the decisions made by firm for the progression of its tactical capitals.
Exhibit I: VRIO Analysis
