Multiple Choice
Otion Inc.is a relatively new firm in the consumer electronics industry.The company's primary objective is to become the market leader in less than 5 years,for which it has to gain and sustain a competitive advantage.In the context of the VRIO framework,which of the following resources should Otion Inc.primarily focus on to achieve its objective?
A) quality standards, which are common and mandatory throughout the industry
B) inexpensive unskilled labor that is easily accessible by all companies
C) component parts that are sourced from competitors' suppliers
D) production systems that reduce costs by 30 percent below the current industry standards
Correct Answer:

Verified
Correct Answer:
Verified
Q3: _ describes a process in which the
Q23: Creating resources that meet the VRIO criteria
Q24: Pulse Mobiles Inc.is a cell phone manufacturing
Q25: Which of the following is an example
Q26: Crystal Tech Inc.'s competency in designing and
Q27: Which of the following is an example
Q30: In the context of SWOT analysis,a firm
Q31: Which of the following best explains why
Q32: GN Corp.and BC Inc.are two competing firms
Q33: To make the SWOT analysis an effective