The VRIO analysis of Areva Company is a broad variety analysis providing the organization with a possibility to obtain a practical competitive benefit against its competitors in the food and beverage industry, summarized in Exhibit I.
The resources used by the Areva company are important for the company or not. Such as the resources like finance, human resources, management of operations and specialists in marketing. This are some of the crucial important factors of for the identification of competitive advantage.
The important resources made use of by Areva are even unusual or costly. If these resources are frequently discovered that it would be simpler for the rivals and the brand-new competitors in the industry to effortlessly relocate competitors.
The replica procedure is expensive for the rivals of Areva Business. However, it can be done just in two different methods i.e. item duplication which is produced and made by Areva Business and introducing of the replacement of the items with switching expense. This increases the risk of disruption to the recent structure of the market.
This part of VRIO analysis deals with the compatibility of the company to position in the market making productive use of its important resources which are hard to imitate. Regularly, the advancement of management is totally based on the company's execution technique and team. Hence, this polishes the skills of the company by time based upon the decisions made by firm for the progression of its strategic capitals.
Exhibit I: VRIO Analysis