According to the VRIO Framework,valuable,rare,and Hard-To-Imitate Resources and Capabilities Will

question 70

True/False

According to the VRIO framework,valuable,rare,and hard-to-imitate resources and capabilities will lead to a competitive parity.

---

Definitions:

Power Distance

A cultural dimension that describes how power is distributed and the extent to which the less powerful accept and expect that power is distributed unequally.

Uncertainty Avoidance

The extent to which individuals or cultures are uncomfortable with ambiguity and strive to minimize uncertainty through strict rules and rituals.

Individualism-collectivism

A cultural dimension that describes the degree to which people in a society are integrated into groups or consider themselves independent and self-reliant.

Culture

A shared set of beliefs, values, and patterns of behaviour common to a group of people.