Question: Which best describes the VRIO framework?a . The VRIO analysis is a tool in strategic planning, used by firms to make effective business decisions. The
Which best describes the VRIO framework?aThe VRIO analysis is a tool in strategic planning, used by firms to make effective business decisions. The analysis provides information and the results will hopefully provide key success factors. It is an internal analysis and is used to identify and evaluate resources in a companyb.The VRIO analysis is a tool in strategic planning, used by nations to make effective economic decisions. The analysis provides information and the results will hopefully provide a competitive advantage. cThe VRIO analysis is a tool in strategic planning, used by firms to make effective business decisions. The analysis provides information and the results will hopefully provide a competitive advantage. It is an internal analysis and is used to identify and evaluate resources in a company.dThe VRIO analysis is a tool in strategic planning, used by firms to make effective business decisions. The analysis provides information and the results will hopefully provide a competitive advantage. It is an external analysis and is used to identify and evaluate resources in a company.
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