Owning resources that don't meet the VRINE criteria is considered a necessary element of conducting business.

Name: Owning resources that don't meet the VRINE criteria is considered a necessary element of conducting business.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The VRINE criteria (Valuable, Rare, Inimitable, Non-substitutable, and Exploitable) are used to assess whether resources provide a competitive advantage. Resources that don't meet these criteria are not necessarily essential for conducting business.

Owning Resources That Don't Meet the VRINE Criteria Is Considered