The resource-based view (RBV) of HRM proposes that:
A) people are unique and a strong source of competitive advantage
B) the routines or learning mechanisms in the organisation do not contribute to competitive advantage
C) the knowledge and behaviours of people do not contribute to competitive advantage
D) raw materials used in production are a strong source of competitive advantage

Question

The resource-based view (RBV) of HRM proposes that:
A) people are unique and a strong source of competitive advantage
B) the routines or learning mechanisms in the organisation do not contribute to competitive advantage
C) the knowledge and behaviours of people do not contribute to competitive advantage
D) raw materials used in production are a strong source of competitive advantage

Quizplus · Accepted Answer

The resource-based view (RBV) of HRM emphasizes the importance of people as a unique and valuable resource that can provide a competitive advantage to organizations. This perspective posits that individuals' knowledge, skills, and abilities are difficult to replicate and can contribute significantly to an organization's success. The RBV also holds that other resources, such as raw materials, may be important, but they are not as critical to achieving sustainable competitive advantage as a company's people are. Thus, choice A is the correct answer. Choices B and C are incorrect because they imply that the routines and learning mechanisms within an organization, as well as the knowledge and behavior of people, do not contribute to competitive advantage, which is false according to the RBV. Finally, choice D is incorrect because although raw materials may be important in some industries, they are not as critical to achieving sustainable competitive advantage as a company's people are.

The Resource-Based View (RBV) of HRM Proposes That