VRIO analysis helps in decision making by providing a framework to evaluate an organization's internal resources. It helps to identify if the current resources are valuable, rare, hard to imitate, and organized properly. If they are, VRIO gives the green light to proceed with the current plans or strategies. It aids in understanding the competitive potential of the organization's resources and capabilities.
How do you know if a venture is worth your time, investment, and resources? Value, rareness, imitabi...
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