The VRIO Criterion That Determines Whether a Resource or Capability

question 4

Short Answer

The VRIO criterion that determines whether a resource or capability is the source of competitive advantage recognized that the firm must have the _______________ capability to exploit the resources.
Short

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Definitions:

Profit Margin

A financial indicator that calculates how much net profit is generated for every dollar of sales by examining the relationship between a company's net income and its revenue.

Projected Addition

An estimate of future increases or expansions in inventory, assets, or capacity planned by a firm.

Current Ratio

The Current Ratio is a liquidity metric that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.

Notes Payable

Financial obligations represented by formal written agreements to pay a specific sum of money at a future date.