According to the VRIO framework, in order for a firm to gain a temporary competitive advantage, a resource must be at least both Valuable and rare.
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Which of the following is a part of the VRIO framework?</h3>
- A four-pronged review of an organization's resources and long-term success indicators is provided by the VRIO Framework.
- It emphasizes Value, Rarity, Imitability, and Organization as its four key objectives.
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What does VRIO framework?
- The abbreviation VRIO stands for a four-question framework that considers value, rarity, imitability, and organization when assessing an organization's capabilities and resources.
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What is value in VRIO framework?</h3>
- Value, rarity, imitability, and organization are all letters in the acronym VRIO.
- Businesses must examine each resource in the internal value chain to determine its worth, rarity, uniqueness, and organization.
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Answer:
the goal of vertical integration is typical to increase sales eliminate coast and improve profits by improving business operations backward vertical integration can reduce or eliminate the leverage that suppliers have over the film and why doing to reduce
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