The value (in the VRI(NS)O Framework) of a given resource and capability must be re-assessed periodically to ascertain if the firm's business model and strategy is still relevant. If the firm has to change its theory of the business, a once valuable resource or capability may have lost its value. This is necessary in order to
a) Convert temporary competitive advantage to long run economic profit
b) Avoid moral hazard and adverse selection
c) Determine the firm's most appropriate generic strategy
d) Avoid value migration.
ANS D