VRIO analysis Framework for Strategic Business Planning that helps you to understand Your business Capability
Introduction to VRIO VRIO stands for value, rarity, imitability, and organization. VRIO is a four-question framework used for the evaluation of the resources for the organization. Moreover, VRIO Analysis is beneficial for a durable competitive advantage. Here are the four components: Value: Are you providing a resource that is valuable for your customers? Do you…