The VRIO analysis of Teacher Incentives Company is a broad range analysis providing the company with a chance to obtain a feasible competitive benefit against its competitors in the food and drink industry, summarized in Exhibition I.
Valuable
The resources utilized by the Teacher Incentives company are important for the business or not. Such as the resources like financing, human resources, management of operations and experts in marketing. This are a few of the key valuable factors of for the identification of competitive advantage.
Rare
The valuable resources made use of by Teacher Incentives are even rare or pricey. If these resources are frequently found that it would be much easier for the rivals and the brand-new competitors in the industry to effortlessly relocate competitors.
Imitation
The replica process is expensive for the competitors of Teacher Incentives Business. It can be done only in 2 various methods i.e. item duplication which is produced and made by Teacher Incentives Business and introducing of the alternative of the products with switching expense. This increases the threat of disturbance to the recent structure of the industry.
Organization
This component of VRIO analysis deals with the compatibility of the company to position in the market making efficient use of its important resources which are tough to imitate. Frequently, the advancement of management is totally depending on the firm's execution technique and team. Therefore, this polishes the skills of the firm by time based on the decisions made by firm for the progression of its tactical capitals.
Exhibit I: VRIO Analysis
