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Read about the VRIO framework from Principles of Manogement G and additional explanations and video provided for this week in the Resources section. Review examples
Read about the VRIO framework from Principles of Manogement and additional explanations and video provided for this week in the Resources section.
Review examples of companies who have applied the VRIO framework: Business Strategy. Examples to Inspire Your Own and Explaining The VRIO Framework With A RealLife Example Please feel free to explore more if you feel inclined.
Select from any of the readings and resources providedselected two companies ideally one of those is your own or perhaps the one selected from last week who have applied the VRIO framework.
Create an Excel with five columns comparing both companies. Columns to include are V Value R Rarity I Imitability O Organization The last column is the Note section where you explain what you see for each company this is your reflection on what VRIO is telling you
Submit the Excel file when done and before the deadline indicated.
Resources:
Please watch the VRIO Framework explanation and read about companies who have applied it to see its applicability.
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