Conduct the Internal Analyses to evaluate the Strengths and Weaknesses of Haidilao

(a) Value chain analyses Does the Haidilao cover the whole value chain or only focus on certain stages? In which part of the value chain does Haidilao perform well? In which part of the value chain does Haidilao perform terribly?

(b) RBV model Illuminate resources satisfy the VRIO to produce sustainable competitive advantages for the Haidilao? Build the logic chain.