Many scientists, professors, and researchers have devoted themselves to creating the tools which can be used in analyzing organizations, with the aim of finding the one key resource that will help the company sustain an advantage and therefore stay at the top. There are many frameworks, matrices, tools, sheets, etc. that can be used for achieving this. The VRIO framework is one. Why it is so beneficial, how it is used and what should be your next step if you want to apply it to your organization, is exactly what we will be covering in this article.
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