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According to the VRIO framework, in order for a firm to gain a temporary competitive advantage, a resource must be at least both ______.

Sagot :

According to the VRIO framework, in order for a firm to gain a temporary competitive advantage, a resource must be at least both Valuable and rare.

Which of the following is a part of the VRIO framework?

  • A four-pronged review of an organization's resources and long-term success indicators is provided by the VRIO Framework.
  • It emphasizes Value, Rarity, Imitability, and Organization as its four key objectives.

What does VRIO framework?

  • The abbreviation VRIO stands for a four-question framework that considers value, rarity, imitability, and organization when assessing an organization's capabilities and resources.

What is value in VRIO framework?

  • Value, rarity, imitability, and organization are all letters in the acronym VRIO.
  • Businesses must examine each resource in the internal value chain to determine its worth, rarity, uniqueness, and organization.

Learn more about VRIO framework here:

https://brainly.com/question/26286846

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