According to the VRIO framework, a firm can gain a competitive advantage if it has resources that are _____ and captured by an organized firm.

According to the VRIO framework, a firm can gain a competitive advantage if it has resources that are _____ and captured by an organized firm.



A. varied, refined, costly to introduce


B. valuable, refined, costly to introduce


C. valuable, rare, costly to imitate


D. varied, rare, costly to imitate


Answer: valuable, rare, costly to imitate


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