Q78
What will a VRIO framework help distinguish? [1 Mark]
Expert Answer
VRIO framework is a tool which is used to determine internal sources and capabilities of an organization, which helps to find out if they can be goof resource of sustained competetive advantage.
Valuable, Rare, costly to imitate, organized to capture value,sustained competetive advantage
It is used to evaluate the company’s resources.
Value: stakeholders checks the value of resources whether they are valuable to company or not.
Rare: if your resources are rare then this will be biggest advantage of the organization.
Imitability: if your resource is rare then it ensures the difficult imitability.
Value
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