Rare Resources: Difference between revisions

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{{Learning concept
{{Learning concept
|Description=One of the four key criteria in the VIRO framework; a resource is rare if the number of firms that possess it is less than the number of the firms it would require to reach a state of perfect competition.  
|Description=One of the four key criteria in the VIRO framework; a resource is rare if the number of firms that possess it is less than the number of the firms it would require to reach a state of perfect competition.
|Wikipedia reference=http://en.wikipedia.org/wiki/VRIO
}}
}}

Latest revision as of 20:25, 4 April 2014

Description

One of the four key criteria in the VIRO framework; a resource is rare if the number of firms that possess it is less than the number of the firms it would require to reach a state of perfect competition.

Concept Prerequisite

Wikipedia Reference

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

Learning Material

Covered in Topic(s)

 
Internal Analysis