The VRIO analysis of Jia Wu Goes West Company is a broad variety analysis providing the organization with a possibility to obtain a practical competitive advantage against its rivals in the food and beverage industry, summed up in Exhibit I.
Valuable
The resources utilized by the Jia Wu Goes West company are important for the business or not. Such as the resources like finance, human resources, management of operations and experts in marketing. This are a few of the key valuable aspects of for the identification of competitive advantage.
Rare
The important resources used by Jia Wu Goes West are even unusual or costly. If these resources are frequently found that it would be much easier for the competitors and the new competitors in the market to effortlessly move in competition.
Imitation
The replica procedure is costly for the competitors of Jia Wu Goes West Business. It can be done only in two different strategies i.e. item duplication which is produced and made by Jia Wu Goes West Business and launching of the substitute of the items with changing cost. This increases the hazard of disruption to the current structure of the market.
Organization
This element of VRIO analysis handle the compatibility of the company to place in the market making productive use of its valuable resources which are difficult to mimic. Regularly, the development of management is absolutely based on the company's execution strategy and group. Hence, this polishes the abilities of the company by time based upon the decisions made by company for the progression of its strategic capitals.
Exhibit I: VRIO Analysis
