question 35)

How is the VRIO framework used to determine whether a strategy--whether corporate or business level--will lead to a sustainable competitive advantage? (check all that apply )

		If the strategy is VRIO, then the company can achieve a sustainable competitive advantage.
		If the resources required to execute the strategy are VRIO, then the company can achieve a sustainable advantage.
		The VRIO framework allows the organization to assess their competitors, which in turn allows them to determine whether they are able to achieve a sustainable competitive advantage.
		Trick question: VRIO is only applicable to business level strategies, not corporate level strategies.