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Apple is considered to have a reputable brand in the technology industry, and Apple products are often priced higher than other industry offerings. Applying VRIO
Apple is considered to have a reputable brand in the technology industry, and Apple products are often priced higher than other industry offerings. Applying VRIO framework to Apple brand (as a specific resource), which of the following statements is true?
a | Apple brand as a resource is fairly easy for rivals to imitate. |
b | Apple brand increases the perceived value of Apple's products and services, and thus economic value creation. |
c | The value of Apple brand is not likely to erode over time. |
d | A reputable brand name such as Apple's is not rare in the industry. |
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