Which framework can managers use to determine whether firm resources and capabilities are internal strengths or weaknesses?
A) The VRIO framework.
B) The PESTEL analysis
C) The five forces model
D) Support activities

Question

Quizplus · Accepted Answer

Firm resources and capabilities can lead to competitive disadvantages (weaknesses), parity, temporary competitive advantages or sustained competitive advantages. The VRIO decision tree reveals these competitive implications. The status of the VRIO of the resource will determine if it is a strength for the firm or a weakness.

Which Framework Can Managers Use to Determine Whether Firm Resources