The VRIO analysis of Paint Pen Inc Business is a broad variety analysis providing the company with a possibility to obtain a practical competitive advantage versus its rivals in the food and beverage industry, summarized in Exhibit I.
Valuable
The resources used by the Paint Pen Inc business are important for the business or not. Such as the resources like finance, personnels, management of operations and experts in marketing. This are some of the crucial important aspects of for the identification of competitive benefit.
Rare
The important resources made use of by Paint Pen Inc are even uncommon or costly. If these resources are frequently found that it would be much easier for the rivals and the new competitors in the market to effortlessly relocate competition.
Imitation
The replica procedure is costly for the rivals of Paint Pen Inc Business. Nevertheless, it can be done only in two different methods i.e. product duplication which is produced and made by Paint Pen Inc Business and launching of the alternative of the items with changing cost. This increases the threat of interruption to the recent structure of the industry.
Organization
This element of VRIO analysis handle the compatibility of the company to position in the market making productive use of its valuable resources which are hard to imitate. Frequently, the advancement of management is totally depending on the company's execution technique and team. Hence, this polishes the abilities of the company by time based on the decisions made by company for the development of its tactical capitals.
Exhibit I: VRIO Analysis
