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Asante Teaching Hospital Activity Based Costing Case VRIO Analysis

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Asante Teaching Hospital Activity Based Costing Case Study Help

Numerous areas can be recognized where FG has an one-upmanship over its competitors. These locations would be examined utilizing the Asante Teaching Hospital Activity Based Costing VIRO framework where the 'value', 'inimitability', 'rarity' as well as organization' of FG would certainly be examined in terms of its payment towards its competitive edge. The structure has been displayed in appendix 3.

It can be seen that FG is using a value-added product, which is not simply a way of obtaining high margins for business, but is valuable for the customer also. Smoked seafood products are considered as value-added things and so FG is absolutely using worth to the market and to the entrepreneur in the type of high saving capacity from fish items. FG's capability to create initial Eastern inspired smoked seafood items can be thought about an unique skill.

Business has actually placed barriers to entry for brand-new entrants by encouraging consumers to be demanding in regards to asking for their choices. Not only has this made the service unusual, it has actually boosted the cost of entrance for niche gamers because FG's diversification and versatility can not be matched by brand-new entrants in the short run. This highlights an additional point of inimitability.

The truth that the business is not product-orientated yet is a market-orientated company which is flexible sufficient in its capacity to get used to vibrant market scenarios recommends that its way of organizing solutions is certainly its one-upmanship. In addition to this, the business is organized to ensure that it has less reliance on importers as well as trading firms which includes in its competitive edge as a company in a market where smoked fish products have to be imported from various other nations.

In addition to these factors, FG's long-term connections with its consumer that has led to brand name commitment from their side and also the former's consistent reinforcement of quality control to preserve this brandloyalty is an extra variable providing it an one-upmanship.

As per the Asante Teaching Hospital Activity Based Costing VIRO structure, if a company's resources are important but can be imitated easily, it may have a short-term competitive benefit. In FG's case, it can be seen exactly how a sustained competitive advantage is feasible through the company's versatility, market-orientated strategy, sustained long-termrelationships and cutting-edge abilities of the entrepreneur.