The _______ is a new perspective on understanding a firm's success based on how well the firm uses its internal resources.
A) Resource-based view
B) Value chain view
C) Corporate view
D) Functional view

Question

Quizplus · Accepted Answer

The resource-based view is a perspective that looks at a firm's success based on how it uses and develops its internal resources, such as capabilities and assets, to create a sustainable competitive advantage. The value chain view looks at how a firm's value-creating activities are linked together, while the corporate and functional views focus more broadly on the organization as a whole or individual business functions, respectively.

The _______ Is a New Perspective on Understanding a Firm's