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Financial System Security Harshad Mehta And The Billion Dollar Scam Case VRIO Analysis

CASE STUDY


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Financial System Security Harshad Mehta And The Billion Dollar Scam Case Study Solution

Several areas can be determined where FG has a competitive edge over its rivals. These areas would be evaluated utilizing the Financial System Security Harshad Mehta And The Billion Dollar Scam VIRO framework where the 'value', 'inimitability', 'rarity' as well as organization' of FG would be examined in terms of its payment towards its one-upmanship. The structure has been shown in appendix 3.

It can be seen that FG is using a value-added item, which is not simply a method of acquiring high margins for the business, however is useful for the customer too. Smoked seafood products are considered as value-added products therefore FG is definitely offering value to the marketplace and to the entrepreneur in the form of high conserving capacity from fish products. Similarly, FG's capacity to generate original Oriental inspired smoked seafood items can be thought about an unique skill.

Business has put obstacles to entrance for brand-new entrants by motivating clients to be requiring in regards to requesting their preferences. Not just has this made the service unusual, it has boosted the expense of access for particular niche gamers given that FG's diversity as well as flexibility can not be matched by new participants in the short run. This highlights one more point of inimitability.

The fact that the business is not product-orientated but is a market-orientated company which is adaptable enough in its ability to adapt to vibrant market situations suggests that its way of arranging solutions is certainly its competitive edge. In addition to this, business is organized to make sure that it has much less dependence on importers and trading business which includes in its competitive edge as a company in a market where smoked fish items have to be imported from various other nations.

In addition to these factors, FG's long-term relationships with its client that has led to brand name commitment from their side and the previous's continuous reinforcement of quality control to preserve this brandloyalty is an extra element providing it a competitive edge.

As per the Financial System Security Harshad Mehta And The Billion Dollar Scam VIRO framework, if a company's sources are valuable yet can be mimicked easily, it might have a momentary affordable benefit. In FG's case, it can be seen exactly how a continual competitive advantage is possible with the firm's flexibility, market-orientated approach, sustained long-termrelationships and ingenious skills of the business owner.