Question

In the VRIST framework a substitoute for a resounce is a. another resource that can provide comparable b, value-creating benefits t product or service that serves the same function for a cuscwen that is deployed by the firm when the original resource is no longer available. c. the same resource that has been developed ce d. a resource

Answer 1

A substitute is a good or service that can be used in place of another. In the VRIST framework, a substitute for a resource is another resource that provides comparable value-creating benefits when the original resource is no longer available.

Step-by-step explanation:

A substitute is a good or service that can be used in place of another. In the context of the VRIST framework, a substitute for a resource is another resource that can provide comparable value-creating benefits to a product or service. It serves the same function for a customer and is deployed by the firm when the original resource is no longer available.

For example, if a company relies on a specific raw material for its manufacturing process but that material becomes scarce or unavailable, the company may search for a substitute resource that can serve the same purpose. This substitute resource could be a different material that can be used to create a comparable product.