Using the Resource-Based View of the Organization, Explain How People

question 21

Essay

Using the resource-based view of the organization, explain how people are a valuable resource. Provide an example to justify your answer.

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Definitions:

Social Influence

The effect that the words, actions, or presence of other people have on an individual's thoughts, feelings, attitudes, or behaviors.

Opinion Leaders

Influential individuals within a community or social group who have the power to affect others' attitudes, beliefs, and behaviors regarding various topics.

Interpersonal Gossip

The act of sharing information, rumors, or speculations about others within a social network, which can influence perceptions and social dynamics.

Consumer Socialization

The process by which young individuals acquire skills, knowledge, and attitudes relevant to their functioning as consumers in the marketplace.