Creating Resources That Meet the VRIO Criteria Are Strategically Important

question 89

Multiple Choice

Creating resources that meet the VRIO criteria are strategically important to a firm because:

• A) These resources can be easily deployed throughout the firm.
• B) Firms that possess these types of resources may be able to experience a temporary competitive advantage.
• C) It creates the heterogeneity essential for competitive parity.
• D) Firms that possess these types of resources may be able to experience a sustained competitive advantage.

Identify the roles of producers, consumers, and decomposers within ecosystems.

Differentiate between independent and dependent variables in scientific research.

Analyze the role of critical thinking in scientific inquiry and hypothesis testing.

Understand the significance of conducting experiments with quantitative results to reduce bias.