The VRIO analysis of Barrington High School Business is a broad range analysis supplying the organization with a chance to obtain a practical competitive benefit against its rivals in the food and drink industry, summed up in Exhibit I.
Valuable
The resources utilized by the Barrington High School company are valuable for the company or not. Such as the resources like finance, personnels, management of operations and specialists in marketing. This are some of the key valuable elements of for the recognition of competitive advantage.
Rare
The valuable resources used by Barrington High School are even uncommon or expensive. If these resources are frequently found that it would be simpler for the competitors and the brand-new rivals in the industry to easily relocate competition.
Imitation
The replica process is costly for the competitors of Barrington High School Company. It can be done only in 2 different methods i.e. product duplication which is produced and produced by Barrington High School Company and launching of the replacement of the products with switching cost. This increases the threat of interruption to the recent structure of the industry.
Organization
This component 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 imitate. Often, the advancement of management is absolutely dependent on the company's execution strategy and group. Hence, this polishes the abilities of the firm by time based on the decisions made by firm for the progression of its strategic capitals.
Exhibit I: VRIO Analysis
