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Student Educational Loan Fund Inc Case VRIO Analysis


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Student Educational Loan Fund Inc Case Study Solution

Several areas can be determined where FG has an one-upmanship over its rivals. These locations would certainly be examined utilizing the Student Educational Loan Fund Inc VIRO framework where the 'value', 'inimitability', 'rarity' as well as organization' of FG would certainly be evaluated in regards to its contribution in the direction of its one-upmanship. The framework has actually been displayed in appendix 3.

It can be seen that FG is supplying a value-added item, which is not just a way of obtaining high margins for the business, yet is useful for the consumer also. Smoked seafood products are considered as value-added items and so FG is definitely supplying value to the market and also to the entrepreneur in the form of high conserving capacity from fish items. Furthermore, FG's capability to create initial Eastern passionate smoked seafood products can be taken into consideration an inimitable ability.

Business has placed barriers to access for new entrants by encouraging consumers to be demanding in regards to requesting their choices. Not only has this made the solution unusual, it has enhanced the cost of entrance for niche players since FG's diversity and flexibility can not be matched by brand-new participants in the brief run. This highlights an additional point of inimitability.

The fact that business is not product-orientated however is a market-orientated company which is versatile enough in its capacity to adjust to vibrant market circumstances suggests that its method of arranging solutions is absolutely its competitive edge. The business is organized so that it has less dependence on importers and also trading firms which includes to its affordable edge as an organization in a market where smoked fish products have to be imported from other countries.

In addition to these factors, FG's long term connections with its customer that has caused brand name commitment from their side as well as the former's consistent reinforcement of quality control to keep this brandloyalty is an additional aspect giving it an one-upmanship.

As per the Student Educational Loan Fund Inc VIRO structure, if a company's sources are beneficial however can be mimicked easily, it may have a momentary competitive advantage. In FG's case, it can be seen how a sustained competitive advantage is possible through the company's adaptability, market-orientated technique, suffered long-termrelationships as well as innovative skills of the business owner.