According to the VRINE Model, Resources and Capabilities ________

question 124

Multiple Choice

According to the VRINE model, resources and capabilities ________.

• A) are equal in their potential contributions to competitive advantage
• B) can be copied from leading competitors to gain a competitive advantage
• C) contribute to competitive advantage to the extent that they satisfy the components of the model
• D) are turned into strengths when a firm gains a competitive advantage

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Definitions:

Incentive Spirometer

A medical device used to encourage deep breathing to prevent pneumonia and improve lung function by helping patients expand their lungs.

Responsive Corporate Social Responsibility

Responsive Corporate Social Responsibility refers to companies reacting to external social, environmental, or ethical demands, often to maintain reputation or comply with consumer expectations.

Strategic Corporate Social Responsibility

A business approach focusing on societal needs and expectations, integrating responsible practices into a company's operations and core strategy to benefit both society and the business.

B Corporation

A type of certification for for-profit companies, indicating that they meet rigorous standards of social and environmental performance, accountability, and transparency.