Which of the following best explains the resource-based view of the firm?

Question

Quizplus · Accepted Answer

The resource-based view of the firm suggests that business success is primarily achieved through deploying a company's unique resources, such as specialized knowledge, assets, and capabilities. This view emphasizes the importance of leveraging a company's distinctive competencies to gain competitive advantage and sustain long-term success. Option B, C, and D do not accurately represent the resource-based view.

Which of the Following Best Explains the Resource-Based View of the Firm