Which of the Following Firms Is Most Likely to Have

question 30

Multiple Choice

Which of the following firms is most likely to have a sustained competitive advantage based on the VRIO framework? 

• A) A firm with valuable but common resources and capabilities 
• B) A firm with valuable and rare but imitable resources and capabilities 
• C) A firm with valuable, rare, inimitable resources, and organizationally capabilities 
• D) A firm with non-value-adding resources and capabilities

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Definitions:

Systematic Decision

A decision-making process that follows a methodical and logical approach, often involving steps such as identifying a problem, gathering information, and evaluating alternatives.

Effective Leader

An individual who achieves desired results through inspiring confidence, fostering teamwork, and guiding others with clear vision and decisiveness.

Consensus

A widespread consensus among the individuals in a collective or society.

Functional Operating Teams

Groups within an organization that are organized around specific functions or tasks, designed to contribute efficiently to the company's overall objectives.