With Regard to the VRIO Framework,Crocs Shoes Was Unable to Sustain

question 10

Multiple Choice

With regard to the VRIO framework,Crocs Shoes was unable to sustain its competitive advantage primarily because its products were

• A) invaluable and common.
• B) easy to imitate.
• C) extremely expensive.
• D) non-substitutable.

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Definitions:

Shareholder

An owner of a corporation, who has no inherent right to manage the corporation but has liability limited to his capital contribution. Also called stockholder.

Obligations

Duties or responsibilities that are legally or morally binding.

Directors And Officers

Individuals appointed or elected to oversee the major policies and decisions of a company, corporation, or non-profit organization.

Shareholders

Individuals or entities that own shares in a corporation, giving them certain rights and interests in the company.