Resources are bundled to create capabilities which in turn are the source of core competencies which are then the basis of competitive advantages.

Question

Quizplus · Accepted Answer

This statement follows the logic of the Resource-Based View (RBV) of competitive advantage, which states that a firm's resources and capabilities are the foundation for developing sustainable competitive advantages. Core competencies emerge from the combination of multiple resources and capabilities and support a firm's overall strategy for creating value and differentiation in the marketplace.

Resources Are Bundled to Create Capabilities Which in Turn Are