Valuable,rare,and hard-to-imitate resources determine the success and failure of firms around the globe.

Name: Valuable,rare,and hard-to-imitate resources determine the success and failure of firms around the globe.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

This statement aligns with the Resource-Based View (RBV) of strategic management, which posits that a firm's competitive advantage is largely determined by its unique resources and capabilities that are valuable, rare, and difficult to imitate.

Valuable,rare,and Hard-To-Imitate Resources Determine the Success and Failure of Firms