VRIO is a business analysis framework that forms part of a firm's larger strategic scheme. The basic strategic process that any firm begins with a vision statement, and continues on through objectives, internal & external analysis, strategic choices, and strategic implementation

1) Can you provide a detailed evaluation of the VRIO framework and what are the limitations of this framework.?

2) which other model or framework could be associated to VRIO to overcome its limitations?

Can you provide a details answer for Question 1 and 2 with references. Thank you.