Answer: The R part which stands for RARENESS/RARITY.
Explanation: The VRIO analysis is an acronym for Value, Rareness, Imitability, Organization.
This analysis is used in the evaluation of a business resources and factors that places it above their competition.
The rareness/rarity begs to question if the resource used in business are in the hands of a few.
In this question, Rohan was looking to expand his business by adding a pick-up service but by asking the rareness question, he discovered that the competitive advantage is in the hands of another business Tow-It-Now Inc.
Because the earth has finite resources,
Answer:
Country B, where education is well-developed and social stratification is lacking.
Explanation:
As in country B people are well educated they understand the concept of advancement and growth. As there is no social stratification people are not biased or do not perform racism.
Accordingly, the people in that country will contribute actively and participate actively in the process of production. As people are well versed with education, they will readily accept the change of growth.
It is expected from them to perform better than any other country, as because of positive standards of the country.
Answer:
The Consumer Price Index (CPI) is determined each month by
comparing the value of a market basket of goods that consumers typically purchase to the value of the basket in a base year.
Explanation:
The US Consumer Price Index (CPI) is an important statistical tool for identifying inflation and deflation periods in the US economy. It computes the weighted average of prices of a predetermined basket of consumer goods and services. With the CPI changes, the assessment of the general cost of living in the economy becomes easier.
