Explain the figure

Core competencies and VIRO analysis of H&M Table 1 The VRIO framework and analysis Strategic Valuable? Rare? Costly to Supported by Competitive the capability/function imitate? organisation? implications Culture and Yes Yes Yes Yes Sustained leadership Competitive Advantage HRM Yes Yes Yes Yes Sustained Competitive Advantage Yes Yes Yes Vac Sustained Replication/ Internationalisation Advantage Yes Yes Yes Yes Sustained Brand and Competitive market position Advantage Yes Temporary Design Yes Yes No Competitive Advantage Yes No Yes Temporary Purchasing Yes Competitive Advantage Yes Yes No Yes Temporary Store operations Competitive Advantage Yes Competitive Supply chain Yes No Parity management Yes No Yes Competitive Finance Parity