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:

Communication Structure

The organized way in which information flows within an organization or project team, including the methods and channels of communication.

Organization

An entity, such as a company, institution, or association, composed of multiple people and structured systematically to meet a common goal.

Parent Organization

A larger, overarching entity that owns or controls smaller entities or subsidiaries.

Probability Density Function

A mathematical function that specifies the probability of a continuous random variable falling within a particular range of values.