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If the VRIO Framework Is Meant to Help Managers Make

question 46

Essay

If the VRIO framework is meant to help managers make decisions how best to use the firm's strengths and weaknesses when developing strategy, what are the three implications the text stresses that managers must keep in mind?


Definitions:

Natural Selection

The process by which organisms better adapted to their environment tend to survive and produce more offspring.

Morphologically Different

Having distinct form or structure, especially between groups of organisms or parts of the same organism.

Diverged

Refers to the process where two or more entities become different or develop in different directions, often used in evolutionary biology to describe species.

Interbreed

The mating and reproduction between individuals of different breeds, varieties, species, or genera.

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