The VRIO analysis of Petrochina Company is a broad variety analysis providing the organization with a chance to get a viable competitive advantage versus its competitors in the food and drink industry, summed up in Exhibit I.
Valuable
The resources utilized by the Petrochina company are important for the business or not. Such as the resources like financing, human resources, management of operations and specialists in marketing. This are some of the key important aspects of for the recognition of competitive benefit.
Rare
The important resources made use of by Petrochina are even uncommon or costly. If these resources are commonly found that it would be much easier for the rivals and the new rivals in the industry to easily relocate competitors.
Imitation
The imitation process is pricey for the rivals of Petrochina Business. Nevertheless, it can be done just in 2 different strategies i.e. product duplication which is produced and produced by Petrochina Company and launching of the alternative of the products with switching expense. This increases the danger of disturbance to the recent structure of the market.
Organization
This component of VRIO analysis deals with the compatibility of the business to place in the market making efficient use of its important resources which are tough to mimic. Often, the development of management is absolutely based on the firm's execution method and group. Thus, this polishes the abilities of the firm by time based on the decisions made by firm for the development of its strategic capitals.
Exhibit I: VRIO Analysis
