The VRIO analysis of Julian Bond Common Cause Company is a broad range analysis supplying the organization with an opportunity to obtain a viable competitive advantage against its rivals in the food and beverage market, summed up in Display I.
Valuable
The resources utilized by the Julian Bond Common Cause company are important for the company or not. Such as the resources like financing, personnels, management of operations and experts in marketing. This are a few of the crucial important elements of for the recognition of competitive benefit.
Rare
The valuable resources utilized by Julian Bond Common Cause are even uncommon or pricey. If these resources are frequently discovered that it would be easier for the competitors and the new rivals in the market to effortlessly relocate competitors.
Imitation
The replica process is pricey for the rivals of Julian Bond Common Cause Company. It can be done just in two various strategies i.e. item duplication which is produced and manufactured by Julian Bond Common Cause Company and launching of the alternative of the products with switching cost. This increases the risk of disruption to the recent structure of the industry.
Organization
This component of VRIO analysis deals with the compatibility of the company to place in the market making productive use of its valuable resources which are tough to imitate. Often, the development of management is totally dependent on the firm's execution method and group. Thus, this polishes the skills of the firm by time based upon the choices made by company for the development of its tactical capitals.
Exhibit I: VRIO Analysis
