Which of the following statements regarding the resource-based view is accurate?
A) Competitively valuable resources and capabilities are controlled only by a firm's general managers.
B) Only lower level employees need to accept the responsibility of creating, nurturing and exploiting resources and capabilities that can generate competitive advantages for a firm.
C) Employees should define their jobs in functional terms instead of in competitive and economic terms.
D) Competitive advantage is too important to remain the sole property of senior management.

Question

Quizplus · Accepted Answer

The statement that competitive advantage is too important to remain the sole property of senior management accurately reflects the premise of the resource-based view, which emphasizes the importance of developing and leveraging resources and capabilities throughout the organization, not just at the top level. The other statements - that competitively valuable resources and capabilities are controlled only by general managers, that only lower level employees need to create and exploit resources, and that employees should define their jobs in functional terms - do not accurately reflect the resource-based view.

Which of the Following Statements Regarding the Resource-Based View Is