According to VRIO, a Firm's Resources Are Keys to Long-Term

question 67

Multiple Choice

According to VRIO, a firm's resources are keys to long-term effectiveness. A firm's resources can be understood in terms of ___________.

• A) Value
• B) Rarity
• C) Imitability
• D) Organization
• E) All of the above

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Definitions:

Lower Partial Standard Deviation

A measure of the risk of negative asset returns, focusing only on the volatility of returns that fall below the average.

Extremely Negative Returns

Refers to significantly below-average returns on investments, often resulting in substantial losses.

Value At Risk

A financial metric used to estimate the potential loss in value of a portfolio over a defined period for a given confidence interval.

Extreme Negative Returns

Significantly below-average returns, often considered outliers, that can severely impact an investment's overall performance.