The <u>VRIO</u><u> </u><u>framework</u> is a theoretical model that explains and predicts what resource attributes underpin competitive advantage. It identifies which types of resources are key to firm performance.
<h3>What is a VRIO framework?</h3>
VRIO is a business analysis framework that forms part of a firm's larger strategic scheme. The basic strategic process that any firm begins with a vision statement, and continues on through objectives, internal & external analysis, strategic choices, and strategic implementation.
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Answer:
b. yield to maturity
Explanation:
The future cash flows of the bonds are discounted to the present value using the yield to maturity or market related rate of the bond. The required return of the bond represents the coupon payments that the bond is offering.
Reflecting feelings I believe mark brainlest
A: they generally take in more premiums than they pay out