The four tests of a resource's competitive power are often referred to as the
A)SCIR test, which asks if a resource is sustainable, competitive, internalized, and reproducible.
B)competitive advantage sustainable method test.
C)reliability resources simulation.
D)VRIN test, which asks if a resource is valuable, rare, inimitable, and nonsubstitutable.
E)organizational capability metric analysis.

Question

Quizplus · Accepted Answer

The VRIN test is widely recognized as the four tests of a resource's competitive power. It asks if a resource is valuable, rare, inimitable, and nonsubstitutable. This test helps organizations to identify their resources' competitive advantages and determine how they can leverage those advantages to achieve their strategic goals. The other options are not widely recognized as tests of a resource's competitive power.

The Four Tests of a Resource's Competitive Power Are Often