According to the VRINE Model, What Are the Two Criteria

question 82

Multiple Choice

According to the VRINE model, what are the two criteria that must be satisfied in order to sustain a competitive advantage?

• A) value and rarity
• B) value and exploitability
• C) inimitability and nonsubstitutability
• D) inimitability and exploitability

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Definitions:

Group Behavior

The actions, reactions, interactions, and modes of operation displayed by a collection of individuals when they come together as a group.

Universal Way

The Universal Way suggests a concept or approach believed to be globally applicable or acceptable across different cultures and contexts.

Interdisciplinary Body

A group or organization that integrates knowledge and practices from different academic disciplines.

Psychology

The scientific study of the mind and behavior, including understanding mental functions, individual differences, and social interactions.