The resource-based view of the firm

a. emphasizes that it is difficult to develop and sustain a competitive advantage based on resources alone.

b. argues that the industry environment has a stronger influence on firms' ability to implement strategies

successfully than does the competitor environment.

c. calls for firms to focus on their homogeneous capabilities to compete against their rivals.

d. suggests that vision and mission are closely linked to sustainable competitive advantage

Question

Preston Watson

Business

4 November, 00:31

The resource-based view of the firm

a. emphasizes that it is difficult to develop and sustain a competitive advantage based on resources alone.

b. argues that the industry environment has a stronger influence on firms' ability to implement strategies

successfully than does the competitor environment.

c. calls for firms to focus on their homogeneous capabilities to compete against their rivals.

d. suggests that vision and mission are closely linked to sustainable competitive advantage

+4

Answers (1)

Know the Answer?

Averie Bowman · Answer 1

Option (a) is Correct

Explanation:

Emphasizes that it is difficult to develop and sustain a competitive advantage based on resources alone.

A firm can not sustain and develop a sustainable competitive advantage solely based on resources there are many more things that firms shroud consider like these resources should be inimitable.