The Resource-Based View of the Firm

question 53

Multiple Choice

The resource-based view of the firm:

• A) suggests that resources,as compared to capabilities,are more closely linked with sustainable competitive advantage.
• 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 skills to compete against their rivals.
• D) assumes that resources may not be mobile across firms.

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Definitions:

Backpay

Compensation for wages lost due to wrongful termination or other employment disputes.

Personal Email Addresses

Individual electronic mail address accounts not related to employment, used for private communication.

Election Date

The specific day designated for the conduct of voting, commonly used in the context of political elections or union representations.

Acceptable Behavior

The range of actions considered appropriate and permissible within a social or professional context.