According to the VRIO Framework,non-Value-Adding Resources and Capabilities Will Lead

question 21

Multiple Choice

According to the VRIO framework,non-value-adding resources and capabilities will lead to _____ for a firm.

• A) a temporary competitive advantage 
• B) a competitive parity 
• C) a sustained competitive advantage 
• D) a competitive disadvantage

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Definitions:

IDEO Brainstorms

Creative group problem-solving sessions facilitated by the design and innovation firm IDEO, focusing on generating a large volume of ideas in a non-judgmental environment.

Certainty

The state of being without doubt or the confidence in a fact or outcome being true or guaranteed.

Risk

The potential for loss or harm associated with taking an action or a decision.

Uncertainty

The state of having limited knowledge or lacking information about an event, making its outcome unpredictable.