What's the Difference Between a Resource and a Capability

question 20

Multiple Choice

What's the difference between a resource and a capability?

• A)A resource is a productive asset of the firm whereas a capability refers to what the firm can do
• B)A resource is an immobile asset whereas a capability is a dynamic concept.
• C)A resource is a weak source of competitive advantage whereas a capability is a strong one
• D)It is very difficult to elucidate.

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Definitions:

Creative Problem Solving

An approach to tackling challenges with innovative and non-traditional strategies, emphasizing thinking outside the box.

Incubation

A period of subconscious processing that contributes to problem-solving and creative thinking, often occurring after a period of active work on a problem.

Divergent Thinking

A thought process or method used to generate creative ideas by exploring many possible solutions.

Convergent Thinking

A thought process that aims at arriving at a single, correct solution to a problem.