Question

According to the VRIO framework, to fully exploit the competitive potential of its resources, capabilities, and competencies, a firm must ______.

Answer 1

According to the VRIO framework, to fully exploit the competitive potential of its resources, capabilities, and competencies, a firm must be organized to capture value.

A resource is useful if it enables a company to take advantage of an outside opportunity or counteract an outside threat.

The VRIO framework is an internal examination that aids companies in discovering the benefits and assets that offer them a competitive edge. The acronym for the many success metrics that apply to your organization is the VRIO framework. Value, rarity, copyability, and organization are all included.

Learn more about VRIO framework at brainly.com/question/26286846

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