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Predicting Earnings Manipulation By Indian Firms Using Machine Learning Algorithms Case VRIO Analysis

CASE STUDY


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Predicting Earnings Manipulation By Indian Firms Using Machine Learning Algorithms Case Study Solution

Several areas can be identified where FG has an one-upmanship over its competitors. These areas would certainly be evaluated making use of the Predicting Earnings Manipulation By Indian Firms Using Machine Learning Algorithms VIRO framework where the 'value', 'inimitability', 'rarity' as well as company' of FG would be reviewed in regards to its payment in the direction of its competitive edge. The framework has actually been presented in appendix 3.

It can be seen that FG is offering a value-added product, which is not just a means of acquiring high margins for the business, but is valuable for the consumer too. Smoked fish and shellfish items are looked upon as value-added products and so FG is definitely providing worth to the marketplace and also to the business owner in the kind of high conserving capacity from fish items. Furthermore, FG's capability to generate initial Eastern inspired smoked seafood items can be taken into consideration a supreme ability.

Business has put barriers to entry for new entrants by urging customers to be demanding in terms of requesting their preferences. Not just has this made the service uncommon, it has actually raised the price of access for specific niche gamers since FG's diversification and adaptability can not be matched by new participants in the short run. This highlights one more factor of inimitability.

The truth that the business is not product-orientated yet is a market-orientated service which is flexible sufficient in its ability to adapt to dynamic market scenarios recommends that its means of arranging services is absolutely its competitive edge. Along with this, business is organized to make sure that it has much less reliance on importers as well as trading business which contributes to its one-upmanship as a company in a market where smoked fish items have to be imported from other nations.

In addition to these factors, FG's long-term relationships with its consumer that has resulted in brand commitment from their side as well as the previous's constant support of quality assurance to maintain this brandloyalty is an extra aspect giving it an one-upmanship.

As per the Predicting Earnings Manipulation By Indian Firms Using Machine Learning Algorithms VIRO structure, if a firm's sources are beneficial yet can be mimicked quickly, it may have a temporary affordable benefit. In FG's case, it can be seen exactly how a sustained competitive advantage is possible through the company's versatility, market-orientated approach, received long-termrelationships and also ingenious abilities of the entrepreneur.