As suggested below, the VRIO framework is part of the Resource-Based View, which is a perspective that examines the link between a company's internal characteristics and its performance. Instead of creating VRIO models on paid and complex tools, one can use free VRIO makers like EdrawMax or EdrawMax Online. These tools have predefined templates, which are 100% customizable as per the requirement. Sustainable competitive advantages are company assets, attributes, or abilities that are difficult to duplicate or exceed; and provide a superior or favorable long-term position over competitors. Companies with one sustainable competitive advantage might be successful. Finding companies with multiple sustainable competitive advantages will greatly improve the chances of finding a real value stock.
