The resource based perspective indicates that firms exhibit different performances within the same industry because
A)Some firms have better resources than others
B)Some firms have organizational structures that can be duplicated
C)Some firms sell goods that have a more elastic demand
D)Some firms sell goods that have a perfectly elastic demand

Question

​The resource based perspective indicates that firms exhibit different performances within the same industry because
A)​Some firms have better resources than others
B)Some firms have organizational structures that can be duplicated
C)Some firms sell goods that have a more elastic demand
D)​Some firms sell goods that have a perfectly elastic demand

Quizplus · Accepted Answer

The resource-based perspective emphasizes that firms' unique resources and capabilities are the primary drivers of their competitive advantage and performance. Therefore, firms with better resources are likely to have a higher performance than their competitors within the same industry. Options B, C, and D do not align with this perspective.

​The Resource Based Perspective Indicates That Firms Exhibit Different Performances

The Resource Based Perspective Indicates That Firms Exhibit Different Performances