VRIO is a framework for analyzing a resource or capability to determine its competitive strategic potential by answering four questions.VRIO stands for
A)visibility,relativity,illumination,and obscurity.
B)vendors,relationships,introductions,and operations.
C)volatility,risk,instability,and obstacles.
D)value,rarity,imitability,and organization.
E)viability,respect,impact,and outreach.

Question

Quizplus · Accepted Answer

VRIO stands for value, rarity, imitability, and organization. This framework is used to analyze a resource or capability to determine its competitive strategic potential by answering four questions: (1) Does it provide value to the organization? (2) Is it rare or unique? (3) Is it difficult to imitate or replicate? (4) Is the organization organized and capable of exploiting the resource or capability? Choice D correctly identifies the four components of the VRIO framework.

VRIO Is a Framework for Analyzing a Resource or Capability