How Does the Resource-Based View of the Firm Provide a Superior

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The Answer is A resource-based approach to organizational analysis highlights the resources of the firm with which it can confront the environment for success. This kind of analysis not only identifies resources, but also examines how well the organization is developing and taking advantage of the resources they display. Grant proposed a five-stage approach to resource-based analysis: (1) identify the firm's resources as strengths or weaknesses; (2) combine the firm's strengths into competencies; (3) appraise the profit potential of said competencies; (4) select a strategy that best exploits the resources; and (5) identify resource gaps and weaknesses.

How Does the Resource-Based View of the Firm Provide a Superior

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