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Summary VRIO MGMT 201s.docx VRIO Framework College of Aeronautics, Embry-Riddle Aeronautical University MGMT 201: Principles of Management Abstract In this paper I will go overwhat the acronym VRIO is and how it is incorporatedinto our work environment. $4.99
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Summary VRIO MGMT 201s.docx VRIO Framework College of Aeronautics, Embry-Riddle Aeronautical University MGMT 201: Principles of Management Abstract In this paper I will go overwhat the acronym VRIO is and how it is incorporatedinto our work environment.
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VRIO MGMT VRIO Framework College of Aeronautics, Embry-Riddle Aeronautical University MGMT 201: Principles of Management Abstract In this paper I will go overwhat the acronym VRIO is and how it is incorporatedinto our work environment. The five steps for the strategic management process a...
vrio mgmt 201sdocx vrio framework college of aeronautics
embry riddle aeronautical university mgmt 201 principles of management abstract in this paper i will go overwhat the acronym vrio is
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VRIO Framework
College of Aeronautics, Embry-Riddle Aeronautical University
MGMT 201: Principles of Management
, 2
Abstract
In this paper I will go overwhat the acronym VRIO is and how it is incorporatedinto our work
environment. The five steps for the strategic management process and which one is the most
important. Last go over why groupthink is dangerous and how to overcome it. VRIO is an
acronym that stands for valuable, rare, inimitable, and organized. VRIO according to Rachel
Smith “It is used to uncover "sustained competitive advantage."” (Smith,2020). Value is for how
you as an employee is valued in the company or work environment. Rare is for how special or
rare you are to the company. Inimitable is for the worth of your contributions to the company is.
Can they source the same work for less of the price or is your work worth the extra amounts of
money to them. Lastly organized how is the company you are working for organized as a whole,
are they both supportive and have a good grasp of organization throughout the company.
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