PlanningSkills.COM Wednesday, May 24, 2017 PDT

Home Page
DSSResources.COM
PowerEnterprises.Net

Content Channels:

Ask Dan!
Glossary
Library
Planning Tips
Slides
Web Links

Site Information

About Us
Disclaimer
Privacy Statement
Welcome


VRIN

One can use Barney's (1991) VRIN framework to determine if a resource is a source of sustainable competitive advantage.

To be a basis for sustainable competitive advantage, resources must be:

1. valuable -- a source of greater value, in terms of relative costs and benefits, than similar resources in competing firms

2. rare -- rareness implies that the resource must be rare in the sense that it is scarce relative to demand for its use or what it produces

3. inimitable -- it is difficult to imitate or cannot be imitated

4. nonsubstitutable -- means there is no substitute, other resources do not provide the same function

from http://www.createadvantage.com/glossary/VRIN-Framework




Home |  About Us |  What's New
Copyright © 2004-15 by D. J. Power (see his home page). PlanningSkills.COMsm is maintained by Alexander P. and Daniel J. Power. Please contact them at djpower1950@gmail.com with questions. See disclaimer and privacy statement. This page was last modified on December 8, 2015.
Google
 
Web planningskills.com