An assumption that underline Resource-based View include
A)Resource heterogeneity
B)Resource immobility
C)Barriers to entry
D)Both a and b

Question

Quizplus · Accepted Answer

Resource-based view assumes that firms possess resources that are heterogeneous (A) and immobile (B), meaning that they have unique capabilities that are not easily transferable to other firms in the industry. This uniqueness gives firms a competitive advantage over their rivals. The presence of entry barriers (C) is not an assumption of Resource-based view, although it may be a consequence of firms' unique resources and capabilities. Hence, the correct choice is D, i.e., both A and B.

An Assumption That Underline Resource-Based View Include