MNG3701 - Case Study: Spurcorp – VRIO {LATEST 2023
MNG3701 - Case Study: Spurcorp – VRIO {LATEST 2023
MNG3701 - Case Study: Spurcorp – VRIO {LATEST 2023
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MNG3701 - Case Study: Spurcorp –
VRIO {LATEST 2023-2024} /Verified
Questions With Complete Solutions
(Rated A+)
Quiz :What does the VRIO framework stand for? - √Answer :Valuable- is the
resource valuable?, rare- is the resource rare?, imitable- is the resource
imitable?, organized- are there organizational processes in place to support
valued resources?
Quiz :What are the 3 types of resources? - √Answer :Tangible, Intangible,
Capabilities
Quiz :What king of resource does this describe? Spur's strong brand name -
√Answer :Intangible
Quiz :What king of resource does this describe? reputation for a good steak -
√Answer :Intangible
Quiz :What king of resource does this describe? Spur's financial reserves -
√Answer :Tangible
Quiz :What king of resource does this describe? - √Answer :Spur's HQ building
in Cape Town Tangible
Quiz :What king of resource does this describe? - √Answer :Kitchen equipment
Tangible
Quiz :What king of resource does this describe? - √Answer :Spur's secret sauce
recipe (IP) Intangible
Quiz :What king of resource does this describe? - √Answer :The founders 40
years of knowledge Intangible
Quiz :As employees do their work, combining tangible and intangible resources
within the structure of the organisational processes, they actually accumulate
____________ and ____________ about how to create value from the
resources for the organisation and turn them into possible core competencies -
√Answer :knowledge and experience
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