Women As Leaders Lessons From Political Quotas In India Case VRIO Analysis

Numerous locations can be determined where FG has a competitive edge over its competitors. These locations would be evaluated using the Women As Leaders Lessons From Political Quotas In India VIRO framework where the 'value', 'inimitability', 'rarity' as well as company' of FG would certainly be reviewed in terms of its contribution towards its one-upmanship. The structure has been presented in appendix 3.

It can be seen that FG is using a value-added product, which is not simply a method of acquiring high margins for business, but is beneficial for the client too. Smoked seafood products are considered as value-added things therefore FG is absolutely providing value to the marketplace as well as to the entrepreneur in the form of high saving potential from fish items. FG's capability to generate initial Eastern inspired smoked fish and shellfish items can be thought about an unique ability.

The business has put obstacles to entry for new entrants by motivating customers to be demanding in terms of requesting their preferences. Not only has this made the solution unusual, it has increased the price of entry for niche players because FG's diversification as well as flexibility can not be matched by brand-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 business which is flexible enough in its capability to get used to dynamic market circumstances recommends that its method of organizing services is certainly its competitive edge. The service is organized so that it has much less dependence on importers as well as trading firms which adds to its competitive edge as an organization in a market where smoked fish products have to be imported from various other nations.

In addition to these factors, FG's long-term relationships with its consumer that has resulted in brand loyalty from their side and the former's continuous reinforcement of quality control to maintain this brandloyalty is an added aspect offering it a competitive edge.

According to the Women As Leaders Lessons From Political Quotas In India VIRO structure, if a company's resources are useful yet can be imitated easily, it may have a short-lived competitive advantage. A continual competitive benefit would certainly result from sources which are important, rare and also costly to imitate while at the very same time the firm has the ability to organize these for an optimum benefit (Rothaermel, 2013). In FG's case, it can be seen how a continual affordable benefit is feasible with the firm's versatility, market-orientated approach, sustained long-termrelationships as well as innovative skills of the business owner. These factors have actually currently been talked about in the Women As Leaders Lessons From Political Quotas In India SWOT analysis as interior toughness.