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Freeport Mine Irian Jaya Indonesia Tailings And Failings Stakeholder Analysis Case VRIO Analysis

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Freeport Mine Irian Jaya Indonesia Tailings And Failings Stakeholder Analysis Case Study Help

A number of locations can be determined where FG has a competitive edge over its rivals. These locations would be examined using the Freeport Mine Irian Jaya Indonesia Tailings And Failings Stakeholder Analysis VIRO structure where the 'worth', 'inimitability', 'rarity' and organization' of FG would certainly be examined in terms of its payment towards its one-upmanship. The framework has been shown in appendix 3.

It can be seen that FG is using a value-added item, which is not simply a way of acquiring high margins for the business, but is important for the consumer too. Smoked seafood items are considered as value-added products and so FG is definitely using worth to the marketplace and to the entrepreneur in the type of high saving potential from fish products. Also, FG's capability to produce original Eastern passionate smoked seafood items can be considered an inimitable skill.

The business has actually put obstacles to entry for brand-new entrants by encouraging clients to be requiring in terms of requesting for their preferences. Not only has this made the service unusual, it has enhanced the price of entrance for particular niche players since FG's diversification and also versatility can not be matched by brand-new participants in the short run. This highlights another factor of inimitability.

The truth that business is not product-orientated but is a market-orientated service which is versatile enough in its ability to get used to dynamic market situations recommends that its means of arranging solutions is certainly its one-upmanship. In addition to this, business is arranged so that it has much less reliance on importers and also trading business which adds to its competitive edge as a company in a market where smoked fish products need to be imported from other countries.

In addition to these factors, FG's long term relationships with its customer that has resulted in brand commitment from their side and also the previous's constant support of quality assurance to keep this brandloyalty is an additional variable providing it an one-upmanship.

As per the Freeport Mine Irian Jaya Indonesia Tailings And Failings Stakeholder Analysis VIRO structure, if a firm's sources are beneficial but can be mimicked conveniently, it may have a short-term competitive benefit. In FG's case, it can be seen just how a continual competitive benefit is feasible with the company's flexibility, market-orientated strategy, sustained long-termrelationships and ingenious abilities of the business owner.