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

Question

Quizplus · Accepted Answer

The VRIN test is a commonly used method to determine a resource's competitive power by evaluating if it is valuable, rare, inimitable, and non-substitutable. This method is widely accepted and used in strategic management. The other options listed are not widely recognized or used in the industry.

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