The relationship between valuable resources and capabilities and firm performance is:
A)Only a factor for large manufacturing organizations.
B)Most often a competitive disadvantage.
C) The primary factor is deciding whether to exit an industry.
D) Basis for determining whether activities are value-adding or non-value-adding.

Question

The relationship between valuable resources and capabilities and firm performance is:
A)​Only a factor for large manufacturing organizations.
B)​Most often a competitive disadvantage.
C) ​The primary factor is deciding whether to exit an industry.
D) ​Basis for determining whether activities are value-adding or non-value-adding.

Quizplus · Accepted Answer

The relationship between valuable resources and capabilities and firm performance is the basis for determining whether activities are value-adding or non-value-adding. This is because valuable resources and capabilities can be leveraged to create value for customers and gain a competitive advantage in the market, ultimately leading to higher firm performance.

The Relationship Between Valuable Resources and Capabilities and Firm Performance