A consumer electronics company is in the process of evaluating whether it should pursue an internal development strategy or an external growth strategy. To make this decision, the management needs to assess whether the company's internal resources are superior to those of competitors in the targeted area. Which of the following strategic management models would be most useful in this assessment?
A. the core competence matrix
B. the Boston Consulting Group (BCG) matrix
C. the transaction-cost economics model
D. the VRIO framework
Answer: the VRIO framework