…............. is a way to evaluate characteristics of the organization and strategically monitor and link them to performance outcomes.Select one:a.PESTLE Analysisb.Porter's 5 Forcesc.VRIO Frameworkd.None of these
Question
…............. is a way to evaluate characteristics of the organization and strategically monitor and link them to performance outcomes.Select one:a.PESTLE Analysisb.Porter's 5 Forcesc.VRIO Frameworkd.None of these
Solution
The correct answer is c. VRIO Framework. The VRIO Framework is a set of four questions of: Value, Rarity, Imitability, and Organization. This is a tool for analyzing a company's internal resources and capabilities to see if they can be a source of sustained competitive advantage.
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