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Bang Networks Inc Case VRIO Analysis

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Numerous locations can be recognized where FG has a competitive edge over its competitors. These locations would certainly be assessed making use of the Bang Networks Inc VIRO structure where the 'value', 'inimitability', 'rarity' as well as organization' of FG would be assessed in terms of its contribution in the direction of its one-upmanship. The framework has been presented in appendix 3.

It can be seen that FG is providing a value-added product, which is not simply a way of obtaining high margins for the business, but is useful for the consumer as well. Smoked fish and shellfish items are considered as value-added things and so FG is absolutely offering worth to the marketplace and to the entrepreneur in the kind of high conserving possibility from fish products. Likewise, FG's ability to produce initial Asian inspired smoked seafood products can be taken into consideration an inimitable ability.

The business has actually placed obstacles to entry for new entrants by urging consumers to be demanding in terms of asking for their choices. Not just has this made the service unusual, it has boosted the cost of entrance for specific niche gamers because FG's diversification and also versatility can not be matched by new participants in the short run. This highlights another factor of inimitability.

The reality that business is not product-orientated but is a market-orientated service which is adaptable enough in its capacity to get used to vibrant market circumstances suggests that its method of organizing services is definitely its one-upmanship. The organisation is organized so that it has much less dependence on importers and trading companies which includes to its competitive side as a company in a market where smoked fish items have to be imported from various other nations.

Along with these factors, FG's long-term partnerships with its customer that has resulted in brand commitment from their side and the previous's consistent support of quality control to keep this brandloyalty is an added element offering it a competitive edge.

As per the Bang Networks Inc VIRO framework, if a company's resources are important however can be mimicked easily, it may have a short-term competitive benefit. In FG's case, it can be seen how a continual competitive advantage is possible through the firm's flexibility, market-orientated strategy, endured long-termrelationships and also ingenious skills of the business owner.