VRIO Framework and Analysis - Essay Example

Six important aspects are analyzed on the VRIO framework for the toy manufacturing company concerning its two competitors. From the above VRIO framework, it can be analyzed that the company needs to improve its reputation and use its reputation to improve its sales and be successful in the market.
The employees of the company are knowledgeable and have the skills, however, this aspect is not a rarity and it can be imitable by others. However, the company is ready to exploit this aspect in the market.

The company understands the needs of the customers, however, other competing players can do this as well, and thus it is not a rarity and is imitable. However, the company understands the needs of the customers and can use them to improve its sales. The same is the case with administrative efficiency which is valuable but not rare and imitable. However, the company can use this aspect to be successful in the market.
Information systems and infrastructure are two aspects that are valuable for the successful and are rare. The company has implemented and focused on these aspects and is ready to exploit them, however, these aspects are imitable. Read More