Strategic Management
Course: Strategic Management
Answer the questions (do not cite)
(1) Start here – Resources and Capabilities
If companies are bundles or resources and capabilities, what determines the profit a company makes?
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(2) VRIO – continuing from Q1
If your resources and capabilities meet VRIO and you make more money than your competitors, it allows you to buy even better resources and capabilities. Doesn’t this mean that companies that have the deepest pockets will win by buying up all the best resources and capabilities?
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