The Dilemma Of Public E Procurement In Costa Rica Case On The Duality Of Technological Platforms And Implementation Models Case VRIO Analysis

Numerous areas can be determined where FG has a competitive edge over its rivals. These locations would certainly be analyzed making use of the The Dilemma Of Public E Procurement In Costa Rica Case On The Duality Of Technological Platforms And Implementation Models VIRO framework where the 'value', 'inimitability', 'rarity' and company' of FG would be examined in terms of its contribution towards its competitive edge. The structure has been shown in appendix 3.

It can be seen that FG is supplying a value-added item, which is not simply a way of obtaining high margins for business, but is useful for the consumer as well. Smoked seafood items are considered as value-added things therefore FG is definitely supplying value to the marketplace and to the entrepreneur in the type of high saving potential from fish items. Similarly, FG's ability to generate original Asian passionate smoked fish and shellfish products can be considered an unmatched skill.

The business has actually put barriers to entry for new participants by motivating clients to be demanding in terms of asking for their preferences. Not only has this made the service rare, it has boosted the price of access for specific niche players since FG's diversity as well as adaptability can not be matched by new participants in the brief run. This highlights one more factor of inimitability.

The truth that business is not product-orientated however is a market-orientated company which is versatile enough in its capability to adapt to vibrant market situations recommends that its method of arranging solutions is certainly its one-upmanship. In addition to this, the business is arranged so that it has less dependence on importers and also trading companies which contributes to its one-upmanship as an organization in a market where smoked fish items have to be imported from other nations.

Along with these factors, FG's long-term relationships with its client that has actually brought about brand loyalty from their side as well as the former's consistent support of quality assurance to preserve this brandloyalty is an added element giving it an one-upmanship.

According to the The Dilemma Of Public E Procurement In Costa Rica Case On The Duality Of Technological Platforms And Implementation Models VIRO structure, if a firm's sources are beneficial but can be imitated quickly, it might have a short-term affordable benefit. However, a continual competitive advantage would result from sources which are valuable, unusual as well as costly to imitate while at the same time the firm has the capability to organize these for an optimum advantage (Rothaermel, 2013). In FG's case, it can be seen just how a sustained competitive benefit is possible through the firm's flexibility, market-orientated strategy, suffered long-termrelationships as well as ingenious skills of the entrepreneur. These factors have currently been talked about in the The Dilemma Of Public E Procurement In Costa Rica Case On The Duality Of Technological Platforms And Implementation Models SWOT analysis as inner toughness.