The VRIO analysis of Verizon Communications Inc Implementing A Human Resources Balanced Scorecard Company is a broad range analysis offering the company with a chance to obtain a viable competitive benefit against its competitors in the food and drink market, summed up in Exhibition I.
Valuable
The resources used by the Verizon Communications Inc Implementing A Human Resources Balanced Scorecard business are valuable for the business or not. Such as the resources like finance, human resources, management of operations and experts in marketing. This are some of the essential valuable elements of for the identification of competitive advantage.
Rare
The valuable resources used by Verizon Communications Inc Implementing A Human Resources Balanced Scorecard are even uncommon or pricey. If these resources are commonly found that it would be simpler for the competitors and the new competitors in the industry to easily move in competitors.
Imitation
The replica process is costly for the competitors of Verizon Communications Inc Implementing A Human Resources Balanced Scorecard Company. It can be done just in two different strategies i.e. item duplication which is produced and manufactured by Verizon Communications Inc Implementing A Human Resources Balanced Scorecard Business and launching of the substitute of the products with switching cost. This increases the threat of disruption to the current structure of the market.
Organization
This component of VRIO analysis deals with the compatibility of the company to position in the market making productive use of its important resources which are hard to imitate. Frequently, the development of management is totally dependent on the firm's execution technique and team. Therefore, this polishes the abilities of the firm by time based upon the decisions made by firm for the progression of its strategic capitals.
Exhibit I: VRIO Analysis
