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MNG3701 - Case Study: Spurcorp – VRIO || Error-free Answers 100%.

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What does the VRIO framework stand for? correct answers 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? What are the 3 types of resources? correct answers Tangible, Intangible, Capabilities What king of resource does this describe? Spur's strong brand name correct answers Intangible What king of resource does this describe? reputation for a good steak correct answers Intangible What king of resource does this describe? Spur's financial reserves correct answers Tangible What king of resource does this describe? correct answers Spur's HQ building in Cape Town Tangible What king of resource does this describe? correct answers Kitchen equipment Tangible What king of resource does this describe? correct answers Spur's secret sauce recipe (IP) Intangible What king of resource does this describe? correct answers The founders 40 years of knowledge Intangible 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 correct answers knowledge and experience

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MNG3701 - Case Study: Spurcorp – VRIO || Error-free Answers
100%.


What does the VRIO framework stand for? correct answers 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?


What are the 3 types of resources? correct answers Tangible, Intangible, Capabilities


What king of resource does this describe? Spur's strong brand name correct answers Intangible


What king of resource does this describe? reputation for a good steak correct answers Intangible


What king of resource does this describe? Spur's financial reserves correct answers Tangible


What king of resource does this describe? correct answers Spur's HQ building in Cape Town
Tangible


What king of resource does this describe? correct answers Kitchen equipment Tangible


What king of resource does this describe? correct answers Spur's secret sauce recipe (IP)
Intangible


What king of resource does this describe? correct answers The founders 40 years of knowledge
Intangible


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 correct answers knowledge and experience

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