According to the resource-based view of the firm,in order to create value,staffing practices must ________.
A)imitate the practices followed by competitors
B)enhance the differentiation of the firm's products
C)rapidly create new products or services
D)maximize the number of applicants who are hired

Question

Quizplus · Accepted Answer

The resource-based view of the firm suggests that a firm's resources and capabilities are the primary sources of its competitiveness and ability to create value. Staffing practices can be considered as one of the firm's resources. In order to create value, the staffing practices must contribute to enhancing the differentiation of the firm's products or services. By hiring talented and skilled employees, the firm can provide superior quality products or services, which can differentiate it from competitors and create value for customers. Therefore, choice B is the best answer. Choices A, C, and D are not directly related to the resource-based view of the firm and do not reflect the importance of staffing practices in creating value.

According to the Resource-Based View of the Firm,in Order to Create