The VRIO analysis of Agoda People Analytics And Business Culture B Company is a broad range analysis providing the organization with a chance to get a practical competitive advantage against its competitors in the food and drink industry, summed up in Exhibition I.
Valuable
The resources used by the Agoda People Analytics And Business Culture B company are valuable for the company or not. Such as the resources like financing, human resources, management of operations and specialists in marketing. This are some of the key valuable elements of for the recognition of competitive advantage.
Rare
The valuable resources utilized by Agoda People Analytics And Business Culture B are even unusual or expensive. If these resources are typically found that it would be easier for the competitors and the brand-new rivals in the market to easily relocate competitors.
Imitation
The replica procedure is costly for the rivals of Agoda People Analytics And Business Culture B Business. Nevertheless, it can be done only in two various strategies i.e. product duplication which is produced and produced by Agoda People Analytics And Business Culture B Company and launching of the alternative of the items with changing cost. This increases the threat of interruption to the recent structure of the market.
Organization
This component of VRIO analysis deals with the compatibility of the company to place in the market making productive usage of its valuable resources which are challenging to mimic. Often, the advancement of management is completely based on the company's execution method and group. Therefore, this polishes the skills of the company by time based upon the decisions made by company for the development of its strategic capitals.
Exhibit I: VRIO Analysis
