Home >> Harvard >> Fremont Financial Corp >> Vrio Analysis
Menu

Fremont Financial Corp Case VRIO Analysis

CASE HELP


Home >> Harvard >> Fremont Financial Corp >> Vrio Analysis

Fremont Financial Corp Case Study Solution

Several areas can be recognized where FG has an one-upmanship over its competitors. These areas would certainly be evaluated making use of the Fremont Financial Corp VIRO structure where the 'value', 'inimitability', 'rarity' as well as company' of FG would be assessed in terms of its contribution in the direction of its one-upmanship. The structure has actually been presented in appendix 3.

It can be seen that FG is supplying a value-added item, which is not just a means of acquiring high margins for business, but is beneficial for the consumer also. Smoked seafood products are considered as value-added things and so FG is absolutely offering value to the market as well as to the business owner in the form of high saving possibility from fish items. Likewise, FG's ability to generate original Oriental passionate smoked fish and shellfish items can be considered a supreme ability.

The business has put barriers to entrance for brand-new participants by encouraging customers to be demanding in regards to asking for their preferences. Not just has this made the solution uncommon, it has boosted the cost of entry for specific niche players because FG's diversification and also flexibility can not be matched by brand-new participants in the short run. This highlights one more point of inimitability.

The truth that the business is not product-orientated however is a market-orientated company which is flexible sufficient in its capability to adapt to vibrant market situations recommends that its way of organizing solutions is certainly its competitive edge. In addition to this, the business is arranged to make sure 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 products need to be imported from various other nations.

In addition to these factors, FG's long-term partnerships with its consumer that has led to brand name loyalty from their side and also the former's constant reinforcement of quality control to maintain this brandloyalty is an added factor providing it an one-upmanship.

As per the Fremont Financial Corp VIRO framework, if a company's resources are valuable yet can be mimicked quickly, it may have a momentary affordable advantage. In FG's case, it can be seen just how a sustained affordable benefit is possible via the firm's adaptability, market-orientated strategy, received long-termrelationships as well as cutting-edge skills of the entrepreneur.