The VRIO analysis of Student Plays Fantasy Hockey B Company is a broad range analysis providing the company with a possibility to get a viable competitive benefit against its rivals in the food and beverage industry, summed up in Display I.
Valuable
The resources utilized by the Student Plays Fantasy Hockey B company are valuable for the business or not. Such as the resources like financing, human resources, management of operations and professionals in marketing. This are some of the crucial important aspects of for the recognition of competitive benefit.
Rare
The important resources used by Student Plays Fantasy Hockey B are even rare or costly. If these resources are commonly discovered that it would be much easier for the rivals and the brand-new rivals in the market to easily relocate competitors.
Imitation
The replica process is pricey for the rivals of Student Plays Fantasy Hockey B Company. Nevertheless, it can be done only in 2 various strategies i.e. item duplication which is produced and produced by Student Plays Fantasy Hockey B Company and launching of the replacement of the items with switching cost. This increases the hazard of disruption to the recent structure of the market.
Organization
This element of VRIO analysis handle the compatibility of the company to position in the market making productive use of its valuable resources which are difficult to imitate. Often, the advancement of management is totally depending on the firm's execution strategy and team. Thus, this polishes the skills of the company by time based upon the choices made by company for the development of its strategic capitals.
Exhibit I: VRIO Analysis
