Answer to Question #329395 in Marketing for Ritik

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