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Chinas Venture Capital And Tech Startup Landscape Case VRIO Analysis

CASE STUDY


Home >> Harvard >> Chinas Venture Capital And Tech Startup Landscape >> Vrio Analysis

Chinas Venture Capital And Tech Startup Landscape Case Study Analysis

Numerous areas can be determined where FG has a competitive edge over its rivals. These areas would certainly be assessed utilizing the Chinas Venture Capital And Tech Startup Landscape VIRO structure where the 'value', 'inimitability', 'rarity' and company' of FG would certainly be assessed in terms of its payment towards its competitive edge. The structure has actually been displayed in appendix 3.

It can be seen that FG is providing a value-added product, which is not simply a method of acquiring high margins for business, however is beneficial for the client as well. Smoked fish and shellfish items are looked upon as value-added products and so FG is definitely providing worth to the market as well as to the business owner in the type of high conserving potential from fish items. Likewise, FG's capability to produce original Oriental inspired smoked fish and shellfish products can be considered an inimitable ability.

The business has actually placed barriers to entry for brand-new participants by encouraging customers to be requiring in regards to requesting their choices. Not just has this made the solution uncommon, it has raised the cost of entry for particular niche players since FG's diversity and adaptability can not be matched by new entrants in the brief run. This highlights another factor of inimitability.

The fact that business is not product-orientated but is a market-orientated business which is flexible enough in its ability to adjust to vibrant market scenarios recommends that its means of arranging services is certainly its competitive edge. The company is arranged so that it has much less dependence on importers and also trading firms which includes to its affordable side as an organization in a market where smoked fish items have to be imported from various other countries.

In addition to these factors, FG's long term partnerships with its consumer that has resulted in brand name loyalty from their side as well as the former's continuous support of quality control to preserve this brandloyalty is an added element providing it an one-upmanship.

As per the Chinas Venture Capital And Tech Startup Landscape VIRO framework, if a firm's resources are useful however can be mimicked conveniently, it might have a temporary competitive advantage. In FG's case, it can be seen exactly how a sustained competitive advantage is feasible via the firm's adaptability, market-orientated approach, suffered long-termrelationships and cutting-edge skills of the entrepreneur.