The VRIO analysis of What Strategy Can Do For Technology Company is a broad range analysis providing the organization with an opportunity to get a viable competitive benefit against its competitors in the food and beverage market, summarized in Exhibition I.
Valuable
The resources utilized by the What Strategy Can Do For Technology company are valuable for the business or not. Such as the resources like finance, human resources, management of operations and specialists in marketing. This are a few of the key important aspects of for the identification of competitive benefit.
Rare
The valuable resources utilized by What Strategy Can Do For Technology are even unusual or costly. If these resources are commonly found that it would be easier for the rivals and the new rivals in the market to easily move in competitors.
Imitation
The imitation procedure is expensive for the competitors of What Strategy Can Do For Technology Business. Nevertheless, it can be done just in 2 different methods i.e. item duplication which is produced and manufactured by What Strategy Can Do For Technology Company and launching of the substitute of the products with changing cost. This increases the risk of disruption to the recent structure of the industry.
Organization
This element of VRIO analysis deals with the compatibility of the company to position in the market making efficient use of its important resources which are hard to imitate. Frequently, the development of management is absolutely dependent on the firm's execution technique and group. Therefore, this polishes the skills of the company by time based on the choices made by company for the progression of its tactical capitals.
Exhibit I: VRIO Analysis
