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To Tax Or Not To Tax Hong Kongs Waste Problem Case VRIO Analysis

CASE SOLUTION


Home >> Harvard >> To Tax Or Not To Tax Hong Kongs Waste Problem >> Vrio Analysis

To Tax Or Not To Tax Hong Kongs Waste Problem Case Study Analysis

Several areas can be recognized where FG has an one-upmanship over its rivals. These areas would certainly be analyzed making use of the To Tax Or Not To Tax Hong Kongs Waste Problem VIRO structure where the 'worth', 'inimitability', 'rarity' and company' of FG would certainly be assessed in regards to its contribution in the direction of its one-upmanship. The structure has actually been presented in appendix 3.

It can be seen that FG is providing a value-added product, which is not simply a method of acquiring high margins for the business, yet is valuable for the consumer as well. Smoked fish and shellfish items are considered as value-added products and so FG is absolutely providing value to the market and to the entrepreneur in the form of high conserving potential from fish products. Likewise, FG's ability to produce original Oriental inspired smoked seafood products can be thought about an unmatched skill.

The business has put obstacles to access for brand-new participants by motivating consumers to be requiring in terms of requesting for their preferences. Not just has this made the solution rare, it has actually enhanced the expense of entry for niche players because FG's diversity and adaptability can not be matched by brand-new entrants in the brief run. This highlights an additional factor of inimitability.

The truth that business is not product-orientated yet is a market-orientated company which is versatile enough in its capability to adapt to vibrant market situations suggests that its way of arranging services is definitely its competitive edge. Along with this, the business is arranged so that it has much less reliance on importers as well as trading companies which adds to its one-upmanship as an organization in a market where smoked fish items have to be imported from other nations.

Along with these factors, FG's long term relationships with its customer that has led to brand name loyalty from their side as well as the previous's continuous support of quality assurance to preserve this brandloyalty is an added aspect providing it an one-upmanship.

As per the To Tax Or Not To Tax Hong Kongs Waste Problem VIRO framework, if a company's sources are important yet can be mimicked conveniently, it might have a short-lived affordable advantage. In FG's case, it can be seen just how a sustained competitive advantage is feasible via the company's adaptability, market-orientated strategy, endured long-termrelationships and also ingenious abilities of the entrepreneur.