The VRIO analysis of Grow Green Program Company is a broad variety analysis offering the organization with an opportunity to get a feasible competitive advantage against its rivals in the food and drink market, summed up in Exhibit I.
Valuable
The resources used by the Grow Green Program company are important for the business or not. Such as the resources like financing, human resources, management of operations and experts in marketing. This are a few of the key important elements of for the recognition of competitive advantage.
Rare
The important resources utilized by Grow Green Program are even unusual or expensive. If these resources are typically discovered that it would be easier for the rivals and the new rivals in the market to effortlessly move in competitors.
Imitation
The imitation procedure is expensive for the competitors of Grow Green Program Company. It can be done only in two different strategies i.e. item duplication which is produced and manufactured by Grow Green Program Company and launching of the replacement of the items with switching expense. This increases the risk of interruption to the recent structure of the market.
Organization
This component of VRIO analysis handle the compatibility of the business to position in the market making efficient usage of its important resources which are challenging to mimic. Frequently, the development of management is totally depending on the company's execution technique and group. Hence, this polishes the skills of the firm by time based on the choices made by firm for the progression of its strategic capitals.
Exhibit I: VRIO Analysis
