An organization can improve its resources based on a VRIO analysis by identifying the current state of its resources and developing plans to make them more valuable, rare, hard to imitate, and organized. This could involve investing in new technologies, training staff, or restructuring the organization. The VRIO framework provides a clear path for organizations to follow in order to improve their resources and achieve their future goals.
How do you know if a venture is worth your time, investment, and resources? Value, rareness, imitabi...
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