The VRIO analysis of Qihoo Business is a broad variety analysis offering the company with an opportunity to obtain a viable competitive advantage versus its competitors in the food and drink market, summarized in Display I.
Valuable
The resources utilized by the Qihoo 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 elements of for the recognition of competitive advantage.
Rare
The valuable resources made use of by Qihoo are even unusual or pricey. If these resources are commonly discovered that it would be easier for the rivals and the new rivals in the market to effortlessly move in competition.
Imitation
The replica process is costly for the rivals of Qihoo Business. However, it can be done just in two different techniques i.e. product duplication which is produced and made by Qihoo Company and launching of the replacement of the products with switching expense. This increases the danger of disruption to the current structure of the market.
Organization
This component of VRIO analysis deals with the compatibility of the company to position in the market making efficient usage of its important resources which are difficult to imitate. Frequently, the advancement of management is completely dependent on the firm's execution strategy and group. Thus, this polishes the abilities of the company by time based upon the decisions made by firm for the development of its strategic capitals.
Exhibit I: VRIO Analysis
