Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Identify Extraordinary Resources ( VRIST core competencies ) within the IKEA. Think through these resources using the VRIST model . They must pass all five

Identify Extraordinary Resources (VRIST core competencies ) within the IKEA. Think through these resources using the VRIST model . They must pass all five Tests. Valuable Does it lead to a product or service that creates value ? Rare the resource unique to the industry ? Imitation it difficult or costly to imitate ? Substitution Is it difficult or costly for a competitor to develop a strategically equivalent resource? Tradable It cannot be purchased by a competitor or transferred by your company

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Blockchain And The Supply Chain Concepts

Authors: Nick Vyas, Aljosja Beije, Bhaskar Krishnamachari

2nd Edition

1398605239, 978-1398605237

More Books

Students also viewed these General Management questions

Question

=+How do consumers decide whether to purchase a good?

Answered: 1 week ago