Which view of strategy focuses on how individual firms differ from each other in one industry?
A)Industry-based view.
B)Resource-based view.
C) Organizational-based view.
D) Institution-based view.

Question

Which view of strategy focuses on how individual firms differ from each other in one industry?
A)​Industry-based view.
B)​Resource-based view.
C) ​Organizational-based view.
D) ​Institution-based view.

Quizplus · Accepted Answer

The Resource-based view of strategy focuses on how individual firms differ from each other in one industry by examining the unique resources, capabilities and competencies that a firm possesses which gives it a competitive advantage over others in the industry.

Which View of Strategy Focuses on How Individual Firms Differ