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VRIN Analysis, Core Competencies, and Sustainable Competitive Advantage Analysis You are building the foundation for your recommendations. Conduct a VRIN analysis on these most important
VRIN Analysis, Core Competencies, and Sustainable Competitive Advantage Analysis You are building the foundation for your recommendations. Conduct a VRIN analysis on these most important resources and capabilities for bank of america: risk management systems, customer relationship management, and global network and infrastructure. For each resource or capability, use your research to determine if each one is valuable, rare, inimitable, and nonsubstituable? If there is not a resource or capability that ranks highly in the VRIN, does the firm need to develop one? How can the firm develop one? What resource should the firm develop? Does the firm have a core competence? Does the firm have a sustainable competitive advantage based on the VRIN analysis?
VRIN Analysis, Core Competencies, and Sustainable Competitive Advantage Analysis
You are building the foundation for your recommendations. Conduct a VRIN analysis on these most important resources and capabilities for bank of america: risk management systems, customer relationship management, and global network and infrastructure. For each resource or capability, use your research to determine if each one is valuable, rare, inimitable, and nonsubstituable? If there is not a resource or capability that ranks highly in the VRIN, does the firm need to develop one? How can the firm develop one? What resource should the firm develop? Does the firm have a core competence? Does the firm have a sustainable competitive advantage based on the VRIN analysis?
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