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Short Answer Review Questions 1. How are tangible resources used in business? 2. How do ordinary resources impact the competitive advantage of a business? 3.
Short Answer Review Questions 1. How are tangible resources used in business? 2. How do ordinary resources impact the competitive advantage of a business? 3. What are the ways that extraordinary resources can create value for a business? 4. Explain which resources should be processed through the lens of resource-based analysis. 5. How is the VRIST framework used to the advantage of a business? 6. Ordinary resources must meet what criteria for the organization to be successful? 7. Broadly defined, what are the types of resources that may be employed by a business? 8. What is your conclusion about a resource/capability that meets all five criteria in the VRIST framework?
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