The VRIO analysis of Southport Minerals Inc Company is a broad range analysis supplying the organization with an opportunity to acquire a feasible competitive benefit against its rivals in the food and beverage industry, summarized in Display I.
Valuable
The resources used by the Southport Minerals Inc 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 elements of for the identification of competitive advantage.
Rare
The valuable resources used by Southport Minerals Inc are even unusual or pricey. If these resources are commonly found that it would be simpler for the rivals and the brand-new competitors in the market to effortlessly relocate competition.
Imitation
The imitation process is pricey for the rivals of Southport Minerals Inc Business. It can be done only in two different methods i.e. item duplication which is produced and made by Southport Minerals Inc Company and launching of the substitute of the products with changing expense. This increases the danger of disruption to the current structure of the industry.
Organization
This part of VRIO analysis deals with the compatibility of the business to position in the market making productive usage of its important resources which are challenging to imitate. Regularly, the advancement of management is completely depending on the firm's execution strategy and group. Hence, this polishes the abilities of the firm by time based upon the decisions made by firm for the development of its strategic capitals.
Exhibit I: VRIO Analysis
