The Resource-Based View Considers the Set of Resources Available to the Organization

question 40

True/False

The resource-based view considers the set of resources available to the organization as a secondary driver of the business strategy.

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Definitions:

Underutilization

The situation where resources, such as personnel, equipment, or capacity, are not being used to their full potential.

Departmentalization

Departmentalization is an organizational strategy of dividing a company or institution into specialized sectors or departments, each focused on a distinct function or area of operation.

Divisional Structure

An organizational framework where operations are grouped based on distinct products, services, or geographic markets.

Divisionalized Structures

An organizational framework where operations are divided into semiautonomous units or divisions based on product, service, market, or geography.