The Resource-Based View of the Firm

question 43

Multiple Choice

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.