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Texas High Speed Rail Corp Case VRIO Analysis

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Texas High Speed Rail Corp Case Study Solution

A number of areas can be determined where FG has an one-upmanship over its rivals. These areas would be assessed using the Texas High Speed Rail Corp VIRO structure where the 'worth', 'inimitability', 'rarity' and also company' of FG would certainly be examined in terms of its contribution towards its one-upmanship. The structure 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 getting high margins for business, yet is valuable for the client as well. Smoked seafood products are looked upon as value-added things and so FG is definitely offering worth to the market as well as to the entrepreneur in the kind of high saving capacity from fish products. Similarly, FG's ability to create initial Eastern inspired smoked seafood items can be considered an inimitable skill.

The business has actually put obstacles to entry for brand-new entrants by urging consumers to be demanding in regards to requesting for their preferences. Not only has this made the service rare, it has boosted the cost of entry for specific niche players since FG's diversity and adaptability can not be matched by new entrants in the brief run. This highlights one more point of inimitability.

The fact that business is not product-orientated however is a market-orientated service which is flexible sufficient in its capability to adapt to vibrant market scenarios recommends that its means of organizing services is definitely its competitive edge. In addition to this, business is organized to ensure that it has much less reliance on importers and also trading firms which contributes to its competitive edge as a company in a market where smoked fish products have to be imported from other countries.

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

According to the Texas High Speed Rail Corp VIRO framework, if a company's resources are useful but can be imitated easily, it may have a momentary affordable advantage. However, a continual affordable advantage would certainly arise from resources which are important, unusual as well as costly to mimic while at the very same time the company has the ability to arrange these for an ideal benefit (Rothaermel, 2013). In FG's case, it can be seen exactly how a sustained competitive benefit is possible via the company's flexibility, market-orientated approach, received long-termrelationships and ingenious abilities of the business owner. These factors have actually currently been gone over in the Texas High Speed Rail Corp SWOT analysis as inner strengths.