According to the VRIO Framework,valuable,but Common Resources and Capabilities,will Lead

question 76

True/False

According to the VRIO framework,valuable,but common resources and capabilities,will lead to a temporary competitive advantage.

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Definitions:

Military Forces

Organized units or groups armed and trained for combat, defense, or enforcement purposes by a nation.

Absolute Advantage

The ability of an entity to produce a good or service more efficiently than its competitors using the same amount of resources.

Manufacturing Tools

Instruments, machinery, and other devices used in the process of producing goods from raw materials.

High-End

Products or services that are considered to be of the highest quality and often carry a premium price.