The VRIO analysis of West Ham United Football Clubs Olympic Stadium Move Business is a broad range analysis supplying the organization with a chance to obtain a viable competitive advantage against its rivals in the food and beverage industry, summed up in Exhibition I.
Valuable
The resources used by the West Ham United Football Clubs Olympic Stadium Move business are important for the business or not. Such as the resources like financing, human resources, management of operations and experts in marketing. This are some of the crucial important aspects of for the recognition of competitive advantage.
Rare
The important resources used by West Ham United Football Clubs Olympic Stadium Move are even unusual or expensive. If these resources are frequently discovered that it would be simpler for the rivals and the brand-new competitors in the market to easily relocate competitors.
Imitation
The imitation process is pricey for the competitors of West Ham United Football Clubs Olympic Stadium Move Business. However, it can be done only in two various strategies i.e. product duplication which is produced and made by West Ham United Football Clubs Olympic Stadium Move Company and launching of the replacement of the products with switching cost. This increases the risk of disturbance to the recent structure of the market.
Organization
This element of VRIO analysis deals with the compatibility of the company to position in the market making productive usage of its important resources which are challenging to imitate. Frequently, the development of management is totally dependent on the firm's execution method and group. Hence, this polishes the skills of the firm by time based on the choices made by company for the progression of its strategic capitals.
Exhibit I: VRIO Analysis
