VRIO

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Given that almost anything a firm possesses can be considered a resource or capability, how should you attempt to narrow down the ones that are core competencies, and explain why firm performance differs? To lead to a sustainable competitive advantage, a resource or capability should be valuable, rare, inimitable (including nonsubstitutable), and organized. This VRIO […]
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VRIO analysis is a tool used by organizations to make efficient business decisions. It helps to identify and evaluate the resources of the firm. The
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