According to the VRINE model, resources and capabilities ________.
A) are equal in their potential contributions to competitive advantage
B) can be copied from leading competitors to gain a competitive advantage
C) contribute to competitive advantage to the extent that they satisfy the components of the model
D) are turned into strengths when a firm gains a competitive advantage

Question

Quizplus · Accepted Answer

According to the VRINE model, resources and capabilities contribute to competitive advantage to the extent that they satisfy the components of the model, which are valuable, rare, inimitable, non-substitutable, and exploitable. Therefore, not all resources and capabilities are equal in their potential contributions to competitive advantage, and they cannot be easily copied from leading competitors to gain a competitive advantage. However, once a firm gains a competitive advantage by leveraging its valuable, rare, inimitable, non-substitutable, and exploitable resources and capabilities, they can turn into strengths.

According to the VRINE Model, Resources and Capabilities ________