Register
Toyota and Honda both have the capabilities to build cars of high quality at relatively low cost and their products regularly beat rival firms’ products in both short-term and long-term quality ratings.
131k views
0 votes
Toyota and Honda both have the capabilities to build cars of high quality at relatively low cost and their products regularly beat rival firms’ products in both short-term and long-term quality ratings. Which VRIO quality does this represent? Group of answer choices: 1) Inimitable 2) Organization 3) Valuable 4) Rare

User Yagnesh
by
5.6k points

1 Answer

3 votes

Answer:

Rare

Step-by-step explanation:

VRIO Analysis is an analytical technique for the evaluation of company's resources and thus the competitive advantage. VRIO comes from the initials of the evaluation dimensions: Value, Rareness, Imitability, Organization.

A resource is rare simply if it is not widely possessed by other competitors. When a firm has valuable resources that are rare in the industry, they are in a position of competitive advantage over firms that do not have the resource.

User Vrbilgi
by
6.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.6m questions

8.8m answers

Other Questions

One reason that businesses want to combine with other businesses is to A. avoid taxes. B. delay expenses. C. hire more workers. D. reduce expenses.
Which of the following possesses the sole power to create revenue bills?
Which of the following is an example of a fixed expense? A.) Clothing B.) Rent C.) Food D.) Entertainment
A ______ is "the basic interpretive mechanism to let people know what an organization is doing and are sent out to editors and reporters in hopes of stimulating favorable stories about their organizations"
All of the following are fees typically charged by credit card companies EXCEPT: A. Late payment fee B. Balance Transfer fee C. Annual membership fee D. Reload fee
Link Copied!