How does the VRIO framework help firms make strategic decisions?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter9: The Strategic Management Process: Achieving And Sustaining Competitive Advantage
Section: Chapter Questions
Problem 3CRQ: Give an example for why a firm would pursue each of the three grand strategies.
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How does the VRIO framework help firms make strategic decisions? 

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