According to the VRIO framework,a firm can gain a competitive advantage if it has resources that are _____ and captured by an organized firm.
A) varied, refined, costly to introduce
B) valuable, refined, costly to introduce
C) valuable, rare, costly to imitate
D) varied, rare, costly to imitate

Question

Quizplus · Accepted Answer

According to the VRIO framework, a firm can gain a competitive advantage if it has resources that are: valuable, rare, costly to imitate, and captured by an organized firm.

According to the VRIO Framework,a Firm Can Gain a Competitive