An extraordinary resource must meet four out of the five VRIST criteria. It can then serve as the foundation for intermediate level capabilities.

Question

Quizplus · Accepted Answer

The VRIST criteria require a resource to meet all five criteria (Valuable, Rare, Inimitable, Non-substitutable, and Tradable) to be considered extraordinary and serve as a foundation for competitive advantage.

An Extraordinary Resource Must Meet Four Out of the Five