BrainzOli9299 BrainzOli9299

03-01-2024
Business

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In the VRIO framework, "V" refers to which of these?

(a) Briefly explain the VRIO framework and its significance in business strategy.
(b) Define each option presented in the question: volume, variable, venture, value, and vertical.
(c) Discuss the specific aspect of resources or capabilities that the "V" in VRIO represents.
(d) Provide examples or scenarios that illustrate the application of the VRIO framework in assessing competitive advantages.

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