VRIO Framework

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Description

A theoretical framework that explains and predicts firm-level competitive advantage. A firm can gain a competitive advantage if it has resources that are valuable (V), rare (R) and costly to imitate (I); the firm also must organize (O) to capture the value of the resources.

Concept Prerequisite

Wikipedia Reference

http://en.wikipedia.org/wiki/VRIO

Learning Material

Covered in Topic(s)

 
Internal Analysis