The VRIO analysis of Daqi Company is a broad range analysis offering the organization with an opportunity to get a practical competitive benefit versus its competitors in the food and beverage industry, summarized in Exhibition I.
Valuable
The resources used by the Daqi company are valuable for the business or not. Such as the resources like financing, human resources, management of operations and specialists in marketing. This are a few of the essential important elements of for the identification of competitive advantage.
Rare
The important resources used by Daqi are even rare or pricey. If these resources are frequently discovered that it would be much easier for the competitors and the brand-new competitors in the industry to easily relocate competitors.
Imitation
The imitation process is expensive for the rivals of Daqi Company. However, it can be done only in 2 various methods i.e. product duplication which is produced and manufactured by Daqi Company and introducing of the replacement of the items with changing expense. This increases the hazard of disruption to the current structure of the industry.
Organization
This element of VRIO analysis deals with the compatibility of the business to position in the market making productive usage of its important resources which are difficult to mimic. Often, the advancement of management is completely dependent on the firm's execution technique and team. Hence, this polishes the abilities of the firm by time based upon the decisions made by firm for the progression of its tactical capitals.
Exhibit I: VRIO Analysis
