The VRIO analysis of Polaroid Entering Digital Imaging Business is a broad range analysis providing the organization with a possibility to obtain a practical competitive advantage against its rivals in the food and beverage market, summarized in Display I.
Valuable
The resources used by the Polaroid Entering Digital Imaging business are valuable for the business or not. Such as the resources like financing, personnels, management of operations and experts in marketing. This are some of the key valuable factors of for the identification of competitive benefit.
Rare
The important resources made use of by Polaroid Entering Digital Imaging are even uncommon or pricey. If these resources are frequently found that it would be simpler for the competitors and the brand-new rivals in the market to easily move in competitors.
Imitation
The replica procedure is pricey for the rivals of Polaroid Entering Digital Imaging Company. It can be done only in 2 various techniques i.e. product duplication which is produced and manufactured by Polaroid Entering Digital Imaging Company and introducing of the substitute of the items with changing cost. This increases the danger of disruption to the current structure of the market.
Organization
This part of VRIO analysis handle the compatibility of the company to place in the market making efficient usage of its valuable resources which are tough to mimic. Often, the advancement of management is totally based on the firm's execution method and team. Hence, this polishes the skills of the company by time based upon the choices made by company for the progression of its tactical capitals.
Exhibit I: VRIO Analysis
