The VRIO analysis of Dream Big Academy Charter School B Company is a broad variety analysis offering the organization with a chance to acquire a feasible competitive advantage versus its competitors in the food and drink market, summarized in Display I.
Valuable
The resources utilized by the Dream Big Academy Charter School B business are important for the business or not. Such as the resources like finance, personnels, management of operations and specialists in marketing. This are some of the essential important factors of for the recognition of competitive benefit.
Rare
The valuable resources used by Dream Big Academy Charter School B are even unusual or expensive. If these resources are frequently discovered that it would be easier for the competitors and the brand-new rivals in the market to effortlessly relocate competition.
Imitation
The imitation process is expensive for the competitors of Dream Big Academy Charter School B Business. Nevertheless, it can be done only in two different strategies i.e. product duplication which is produced and manufactured by Dream Big Academy Charter School B Business and introducing of the substitute of the items with switching expense. This increases the hazard of disruption to the recent structure of the industry.
Organization
This part of VRIO analysis deals with the compatibility of the business to position in the market making efficient usage of its important resources which are challenging to imitate. Regularly, the development of management is totally depending on the company's execution technique and group. Thus, this polishes the skills of the company by time based on the decisions made by company for the progression of its strategic capitals.
Exhibit I: VRIO Analysis
