Use VRIO model to assess the quality of resources that gives the Global Corporation Competitive Advantage within its industry:
The Question of Value: “Is the firm able to exploit an opportunity or neutralize an external threat with the resource/capability?”
The Question of Rarity: “Is control of the resource/capability in the hands of a relative few?”
The Question of Imitability: “Is it difficult to imitate, and will there be significant cost disadvantage to a firm trying to obtain, develop, or duplicate the resource/capability?”
The Question of Organization: “Is the firm organized, ready, and able to exploit the resource/capability?” “Is the firm organized to capture value?”
Resources that gives the Global Corporation Competitive Advantage within its industry – VRIO Model to assess the quality of resources against the key competitors in the industry.
Value: “Is the firm able to exploit an opportunity or neutralize an external threat with the resource/capability?”
Rarity: “Is control of the resource/capability in the hands of a relative few?”
Imitability: “Is it difficult to imitate, and will there be significant cost disadvantage to a firm trying to obtain, develop, or duplicate the resource/capability?”
Organization: “Is the firm organized, ready, and able to exploit the resource/capability?” “Is the firm organized to capture value?”
