The VRIO analysis of Shouldice Hospital Limited Company is a broad variety analysis providing the organization with a chance to get a practical competitive benefit against its competitors in the food and drink market, summarized in Exhibit I.
Valuable
The resources used by the Shouldice Hospital Limited business are important for the company or not. Such as the resources like financing, human resources, management of operations and professionals in marketing. This are some of the essential important factors of for the identification of competitive advantage.
Rare
The valuable resources made use of by Shouldice Hospital Limited are even rare or expensive. If these resources are commonly discovered that it would be simpler for the rivals and the brand-new competitors in the market to easily relocate competitors.
Imitation
The replica procedure is costly for the competitors of Shouldice Hospital Limited Company. However, it can be done only in two different methods i.e. item duplication which is produced and made by Shouldice Hospital Limited Business and launching of the alternative of the products with switching cost. This increases the risk of interruption to the recent structure of the market.
Organization
This part of VRIO analysis handle the compatibility of the business to position in the market making productive use of its valuable resources which are difficult to mimic. Regularly, the development of management is totally depending on the firm's execution method and team. Hence, this polishes the abilities of the firm by time based upon the choices made by company for the development of its tactical capitals.
Exhibit I: VRIO Analysis
