The VRIO analysis of Kbc Mobile Banking Business is a broad range analysis providing the company with a chance to acquire a practical competitive advantage versus its rivals in the food and beverage market, summarized in Exhibition I.
Valuable
The resources used by the Kbc Mobile Banking company are important for the company or not. Such as the resources like financing, personnels, management of operations and experts in marketing. This are a few of the essential valuable factors of for the recognition of competitive advantage.
Rare
The important resources utilized by Kbc Mobile Banking are even unusual or expensive. If these resources are frequently discovered that it would be simpler for the competitors and the brand-new competitors in the industry to easily move in competition.
Imitation
The imitation process is costly for the rivals of Kbc Mobile Banking Business. It can be done only in 2 different strategies i.e. item duplication which is produced and made by Kbc Mobile Banking Company and launching of the replacement of the products with changing expense. This increases the risk of interruption to the current structure of the industry.
Organization
This part of VRIO analysis deals with the compatibility of the company to position in the market making productive usage of its important resources which are tough to mimic. Frequently, the advancement of management is absolutely based on the firm's execution method and team. Hence, this polishes the skills of the firm by time based upon the choices made by company for the progression of its strategic capitals.
Exhibit I: VRIO Analysis
