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Anandam Manufacturing Company Analysis Of Financial Statements Case VRIO Analysis

CASE ANALYSIS


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Anandam Manufacturing Company Analysis Of Financial Statements Case Study Solution

Numerous locations can be recognized where FG has an one-upmanship over its rivals. These areas would certainly be examined making use of the Anandam Manufacturing Company Analysis Of Financial Statements VIRO structure where the 'value', 'inimitability', 'rarity' as well as company' of FG would be reviewed in regards to its payment in the direction of its one-upmanship. The framework has actually been shown in appendix 3.

It can be seen that FG is offering a value-added product, which is not simply a means of getting high margins for the business, but is beneficial for the consumer as well. Smoked fish and shellfish items are looked upon as value-added products therefore FG is certainly offering value to the market and also to the business owner in the kind of high conserving potential from fish items. FG's ability to produce original Oriental inspired smoked seafood products can be taken into consideration an unmatched skill.

The business has actually placed obstacles to access for new participants by urging consumers to be requiring in terms of requesting their preferences. Not only has this made the solution unusual, it has raised the price of access for niche players since FG's diversity and adaptability can not be matched by brand-new entrants in the short run. This highlights another point of inimitability.

The truth that the business is not product-orientated but is a market-orientated business which is adaptable enough in its capability to get used to vibrant market situations suggests that its way of organizing services is absolutely its competitive edge. Along with this, business is arranged to make sure that it has much less dependence on importers and trading companies which includes in its competitive edge as an organization in a market where smoked fish products have to be imported from other nations.

Along with these factors, FG's long-term relationships with its consumer that has led to brand name commitment from their side and the former's continuous support of quality assurance to maintain this brandloyalty is an added factor offering it a competitive edge.

As per the Anandam Manufacturing Company Analysis Of Financial Statements VIRO structure, if a company's sources are valuable but can be mimicked easily, it may have a short-term competitive benefit. In FG's case, it can be seen exactly how a sustained competitive advantage is possible via the firm's flexibility, market-orientated strategy, endured long-termrelationships as well as ingenious skills of the entrepreneur.