A resource-based view is good at explaining what happened in the past, but has difficulty predicting what will happen in the future.

Name: A resource-based view is good at explaining what happened in the past, but has difficulty predicting what will happen in the future.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The resource-based view focuses on a firm's internal resources and capabilities, which can explain past successes or failures but may not account for external changes or future uncertainties.

A Resource-Based View Is Good at Explaining What Happened in the Past