The ____-based view suggests that in order to achieve remarkable success, a firm must possess some very rare and powerful firm-specific resources and capabilities that are the envy of their rivals around the globe.
A) Resource
B) Asset
C) Capability
D) Institution

Question

Quizplus · Accepted Answer

The sentence clearly states "resource-specific" which makes A the best choice. B is incorrect because assets can be easily replicated by competitors. C is an option too but capability-specific view is not mentioned in the sentence. D is irrelevant to the statement. The question is describing the resource-based view, which asserts that a firm must have unique and valuable resources that are difficult to imitate in order to achieve exceptional success in their industry. Choices B, C, and D are not as relevant to the resource-based view.

The ____-Based View Suggests That in Order to Achieve Remarkable