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20 August, 09:06

You have an idea for a company that sources fruits from local farms and makes fresh juices on a daily basis. You want to start a subscription-based service in which households within a 100-mile radius subscribe to your plan and receive two gallons of freshly squeezed juice (for example, cherry juice, apple juice, lemonade) twice a week. As you think about starting your business, you ask yourself How rare is the service l am offering? How valuable is it? Can l organize the company to maximize my advantages in the marketplace? After asking these questions, review and identify which question from VRIO did you forget to ask? Multiple Choice

A. ls the firm organized to exploit the resource of capability?

B. Is the resource or capability valuable?

C. Is the resource or capability costly for other firms to imitate s the resource or capability currently controlled by only a few firms or no other firms?

D. What values should be emphasized?

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  1. 20 August, 09:13
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    C. Is the resource or capability costly for other firms to imitate s the resource or capability currently controlled by only a few firms or no other firms?

    Explanation:

    Always want to remember Value, Rareness, Imitability, Organization

    Imitability is the only one missing in the question
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