Based on the VRIO Framework, a Resource Can Be Considered

Multiple Choice

Based on the VRIO framework, a resource can be considered a source of competitive advantage if it is:

A) shared by most companies in an industry.
B) rare, valuable, difficult to imitate and organized or managed by the company.
C) the foundation of a company's strategy.
D) kept as a trade secret rather than as a patent.
E) increases the cost of producing the product and therefore the price charged to customers.