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Dharavi Developing Asias Largest Slum B Case VRIO Analysis

CASE STUDY


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Dharavi Developing Asias Largest Slum B Case Study Analysis

A number of areas can be identified where FG has an one-upmanship over its rivals. These areas would be evaluated using the Dharavi Developing Asias Largest Slum B VIRO framework where the 'value', 'inimitability', 'rarity' as well as organization' of FG would be evaluated in regards to its payment towards its one-upmanship. The framework has actually been displayed in appendix 3.

It can be seen that FG is offering a value-added item, which is not simply a method of acquiring high margins for the business, however is beneficial for the customer as well. Smoked fish and shellfish items are looked upon as value-added products therefore FG is certainly providing value to the marketplace as well as to the business owner in the form of high saving possibility from fish items. FG's ability to generate initial Eastern inspired smoked seafood items can be taken into consideration an unique skill.

The business has put obstacles to entry for new entrants by urging customers to be demanding in regards to asking for their preferences. Not just has this made the service unusual, it has enhanced the price of entrance for particular niche gamers given that FG's diversification and also versatility can not be matched by new entrants in the brief run. This highlights another factor of inimitability.

The truth that business is not product-orientated however is a market-orientated service which is flexible enough in its capability to adapt to vibrant market circumstances recommends that its means of organizing solutions is certainly its competitive edge. Along with this, business is arranged so that it has much less reliance on importers as well as trading companies which adds to its competitive edge 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 actually brought about brand name loyalty from their side and the former's continuous reinforcement of quality control to preserve this brandloyalty is an added factor providing it a competitive edge.

As per the Dharavi Developing Asias Largest Slum B VIRO framework, if a firm's resources are useful however can be imitated easily, it might have a momentary competitive benefit. In FG's case, it can be seen exactly how a sustained affordable advantage is feasible with the firm's versatility, market-orientated strategy, suffered long-termrelationships and also cutting-edge skills of the business owner.