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Financing The Mozal Project Case VRIO Analysis

CASE SOLUTION


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Financing The Mozal Project Case Study Solution

Numerous areas can be recognized where FG has an one-upmanship over its competitors. These areas would certainly be analyzed using the Financing The Mozal Project VIRO structure where the 'worth', 'inimitability', 'rarity' and organization' of FG would be examined in terms of its contribution in the direction of its one-upmanship. The structure has actually been shown in appendix 3.

It can be seen that FG is using a value-added item, which is not simply a means of obtaining high margins for the business, yet is useful for the consumer too. Smoked seafood products are looked upon as value-added things therefore FG is definitely using value to the market and also to the entrepreneur in the form of high saving potential from fish products. FG's capacity to produce original Oriental passionate smoked seafood items can be thought about an unmatched ability.

Business has actually put obstacles to entry for brand-new participants by encouraging clients to be requiring in regards to requesting their choices. Not just has this made the solution rare, it has actually enhanced the cost of access for particular niche gamers because FG's diversity as well as adaptability can not be matched by new entrants in the brief run. This highlights an additional factor of inimitability.

The reality that business is not product-orientated but is a market-orientated business which is flexible sufficient in its capacity to get used to vibrant market circumstances suggests that its way of organizing solutions is absolutely its competitive edge. The service is organized so that it has much less dependence on importers as well as trading firms which adds to its affordable 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 partnerships with its client that has actually brought about brand loyalty from their side and also the former's continuous reinforcement of quality control to maintain this brandloyalty is an additional aspect offering it a competitive edge.

As per the Financing The Mozal Project VIRO framework, if a firm's resources are beneficial but can be mimicked conveniently, it may have a momentary affordable benefit. In FG's case, it can be seen just how a sustained competitive advantage is feasible through the company's versatility, market-orientated method, sustained long-termrelationships as well as ingenious abilities of the business owner.