The VRIO analysis of Advantage Food Beverage Vending Company is a broad variety analysis offering the organization with an opportunity to obtain a viable competitive advantage versus its competitors in the food and drink industry, summarized in Exhibition I.
Valuable
The resources used by the Advantage Food Beverage Vending business are valuable for the company or not. Such as the resources like financing, human resources, management of operations and experts in marketing. This are some of the key valuable elements of for the recognition of competitive advantage.
Rare
The valuable resources made use of by Advantage Food Beverage Vending are even rare or costly. If these resources are commonly found that it would be simpler for the competitors and the new rivals in the market to effortlessly relocate competitors.
Imitation
The imitation procedure is costly for the rivals of Advantage Food Beverage Vending Business. Nevertheless, it can be done only in 2 different methods i.e. item duplication which is produced and manufactured by Advantage Food Beverage Vending Business and introducing of the replacement of the items with switching expense. This increases the risk of disruption to the current structure of the market.
Organization
This component of VRIO analysis deals with the compatibility of the company to position in the market making productive use of its valuable resources which are tough to imitate. Regularly, the advancement of management is completely based on the company's execution method and group. Therefore, this polishes the abilities of the company by time based upon the choices made by company for the progression of its strategic capitals.
Exhibit I: VRIO Analysis
