Answer to Question #340319 in Management for Vicky

Question

General Electric (GE) is well known for its extraordinary competency in management development. 

a. Discuss how the terms capabilities, competency and distinctive competency differs from each other. Also, with reference to the VRIO Framework of analysis, highlight the four questions which any strategist might have examined in relation to GE for evaluating its extraordinary competency in management development. 

b. Describing VRIO Framework with reference to GE: - Valuable - Rareness - Imitability - Organization