The VRIO analysis of Longtop Financial Technologies A Company is a broad variety analysis offering the company with an opportunity to get a feasible competitive benefit against its rivals in the food and beverage market, summarized in Exhibition I.
Valuable
The resources used by the Longtop Financial Technologies A company are important for the company or not. Such as the resources like financing, human resources, management of operations and experts in marketing. This are some of the key valuable factors of for the recognition of competitive advantage.
Rare
The valuable resources used by Longtop Financial Technologies A are even rare or expensive. If these resources are commonly discovered that it would be easier for the rivals and the brand-new competitors in the industry to effortlessly relocate competitors.
Imitation
The imitation process is pricey for the competitors of Longtop Financial Technologies A Business. Nevertheless, it can be done only in two various methods i.e. item duplication which is produced and manufactured by Longtop Financial Technologies A Company and launching of the substitute of the items with changing cost. This increases the danger of interruption to the current structure of the industry.
Organization
This component of VRIO analysis handle the compatibility of the company to place in the market making efficient usage of its important resources which are difficult to imitate. Frequently, the development of management is totally dependent on the company's execution method and group. 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
