There are four steps required by a resource-based analysis. Which of the following is not one of those steps?
A) Develop a list of all the firm's resources and capabilities.
B) Divide resources and capabilities into those that are ordinary and those that are extraordinary.
C) Decide whether ordinary activities should be outsourced or not.
D) Analyze the apparent extraordinary resources to see if they meet the VRIST criteria.

Question

Quizplus · Accepted Answer

Deciding whether ordinary activities should be outsourced is not a step in resource-based analysis. The focus is on identifying and evaluating resources and capabilities, particularly those that are extraordinary and meet the VRIST criteria.

There Are Four Steps Required by a Resource-Based Analysis