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Jupiter Management Co Case VRIO Analysis

CASE SOLUTION


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Jupiter Management Co Case Study Solution

Several locations can be recognized where FG has an one-upmanship over its rivals. These areas would be evaluated using the Jupiter Management Co VIRO structure where the 'worth', 'inimitability', 'rarity' as well as organization' of FG would be examined in regards to its contribution towards its competitive edge. The framework has been displayed in appendix 3.

It can be seen that FG is supplying a value-added item, which is not just a means of obtaining high margins for business, however is beneficial for the consumer as well. Smoked seafood items are considered as value-added things therefore FG is certainly supplying value to the market and to the entrepreneur in the type of high saving potential from fish products. Likewise, FG's capacity to produce initial Eastern inspired smoked seafood items can be considered a supreme skill.

The business has put barriers to entrance for new entrants by urging customers to be requiring in terms of asking for their choices. Not only has this made the solution unusual, it has raised the expense of entry for specific niche gamers given that FG's diversity and also versatility can not be matched by new entrants in the short run. This highlights another point of inimitability.

The reality that business is not product-orientated but is a market-orientated organisation which is flexible sufficient in its capacity to adjust to vibrant market circumstances recommends that its method of organizing services is definitely its one-upmanship. In addition to this, the business is arranged so that it has much less dependence on importers and trading firms which adds to its one-upmanship as a company in a market where smoked fish products have to be imported from other countries.

Along with these factors, FG's long-term partnerships with its customer that has actually resulted in brand commitment from their side and the previous's consistent support of quality assurance to maintain this brandloyalty is an added factor offering it a competitive edge.

As per the Jupiter Management Co VIRO framework, if a company's resources are beneficial yet can be mimicked quickly, it may have a short-lived affordable benefit. In FG's case, it can be seen how a sustained competitive advantage is feasible with the company's versatility, market-orientated technique, suffered long-termrelationships and ingenious skills of the business owner.