Invoro is a market leader in consumer electronics. If Finolo and Ethver, companies that manufacture televisions, develop the same customer knowledge base and create products with the same customer appeal as Invoro, then

A. Invoro will have a resource that is rare but no longer valuable.

B. Finolo and Ethver will have a VRIO resource.

C. Invoro will have a sustainable competitive advantage in the industry.

D. Invoro will have a resource that is valuable but no longer rare.

Question

Business

Autumn Harrison

3 July, 21:47

Invoro is a market leader in consumer electronics. If Finolo and Ethver, companies that manufacture televisions, develop the same customer knowledge base and create products with the same customer appeal as Invoro, then

A. Invoro will have a resource that is rare but no longer valuable.

B. Finolo and Ethver will have a VRIO resource.

C. Invoro will have a sustainable competitive advantage in the industry.

D. Invoro will have a resource that is valuable but no longer rare.

+2

Answers (1)

Know the Answer?

Hanna Bridges · Answer 1

Answer: Invoro will have a resource that is valuable but no longer rare.

Explanation:

From the question, if Finolo and Ethver can break into the electronics production market that used to be only dominated by Invoro, using the same kind of sales strategy with Invoro, then that would imply that Invoro's resources are of value but no longer scarce, because it can easily be found at Finolo and Ethver.