Which of the following statements is true of a VRIO framework?
A) It focuses on visual analysis,range,impact,and objective of resources and capabilities.
B) It focuses on value,rarity,imitability,and organizational aspects of resources and capabilities.
C) It involves the difficulty of identifying the actual cause of a firm's successful performance.
D) It involves a series of activities used in the production of goods and services that make a product.

Question

Quizplus · Accepted Answer

The VRIO framework is a tool used to analyze a firm's internal resources and capabilities to determine if they can be a source of sustained competitive advantage. It stands for Value, Rarity, Imitability, and Organization.

Which of the Following Statements Is True of a VRIO