The VRIO analysis of Apogee Health Care Business is a broad range analysis providing the organization with a possibility to get a practical competitive advantage against its rivals in the food and beverage industry, summarized in Display I.
Valuable
The resources utilized by the Apogee Health Care company are important for the business or not. Such as the resources like finance, human resources, management of operations and professionals in marketing. This are some of the essential valuable factors of for the identification of competitive advantage.
Rare
The important resources utilized by Apogee Health Care are even uncommon or expensive. If these resources are frequently discovered that it would be much easier for the rivals and the new rivals in the market to easily move in competition.
Imitation
The replica procedure is expensive for the rivals of Apogee Health Care Business. It can be done only in two different methods i.e. product duplication which is produced and made by Apogee Health Care Business and launching of the substitute of the items with changing expense. This increases the threat of disturbance to the recent structure of the market.
Organization
This element of VRIO analysis deals with the compatibility of the company to position in the market making efficient use of its valuable resources which are hard to mimic. Often, the development of management is absolutely depending on the firm's execution method and team. Hence, this polishes the abilities of the company by time based on the choices made by company for the development of its strategic capitals.
Exhibit I: VRIO Analysis
