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Spikes Indoor Beach Volleyball And Rock Climbing Inc Case VRIO Analysis

CASE STUDY


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Spikes Indoor Beach Volleyball And Rock Climbing Inc Case Study Solution

Numerous areas can be recognized where FG has an one-upmanship over its rivals. These locations would certainly be assessed making use of the Spikes Indoor Beach Volleyball And Rock Climbing Inc VIRO framework where the 'worth', 'inimitability', 'rarity' and also company' of FG would be evaluated in terms of its contribution in the direction of its competitive edge. The framework has been shown in appendix 3.

It can be seen that FG is using a value-added product, which is not just a way of obtaining high margins for the business, but is beneficial for the customer too. Smoked fish and shellfish items are looked upon as value-added products therefore FG is certainly providing worth to the marketplace and also to the business owner in the form of high saving potential from fish products. Furthermore, FG's ability to generate initial Eastern inspired smoked seafood items can be considered an inimitable ability.

The business has placed obstacles to entry for new entrants by motivating clients to be demanding in regards to requesting for their choices. Not only has this made the service unusual, it has increased the cost of entry for specific niche gamers since FG's diversity as well as versatility can not be matched by new entrants in the short run. This highlights one more point of inimitability.

The reality that the business is not product-orientated but is a market-orientated company which is adaptable sufficient in its capacity to adapt to dynamic market scenarios suggests that its way of organizing solutions is definitely its competitive edge. Along with this, business is organized to ensure that it has much less reliance on importers and trading business which adds to its competitive edge 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 relationships with its client that has brought about brand name loyalty from their side and the former's consistent support of quality control to keep this brandloyalty is an extra element offering it a competitive edge.

Based on the Spikes Indoor Beach Volleyball And Rock Climbing Inc VIRO structure, if a company's sources are useful but can be copied conveniently, it may have a temporary affordable advantage. A continual affordable benefit would result from resources which are important, uncommon and costly to copy while at the same time the firm has the ability to arrange these for an optimal advantage (Rothaermel, 2013). In FG's case, it can be seen exactly how a continual affordable benefit is feasible via the firm's flexibility, market-orientated approach, suffered long-termrelationships as well as innovative abilities of the entrepreneur. These factors have actually already been gone over in the Spikes Indoor Beach Volleyball And Rock Climbing Inc SWOT analysis as internal staminas.