Resource and capability analysis is achieved by
A) probing the caliber of a firm's competitive assets relative to those of rival firms.
B) achieving price stability.
C) analyzing only internal strengths and weaknesses through a matrix comparison model.
D) cost-benefit analysis of the company's core product sales.
E) Performing resource specific activities within the organization to allocate available capital.

Question

Quizplus · Accepted Answer

Resource and capability analysis involve evaluating the competitive advantage of a firm by analyzing its resources and capabilities relative to those of rival firms. This analysis helps to identify the strengths and weaknesses of the firm and provides information to formulate effective strategies that can enhance its competitive advantage in the market. Option B, D and E are incorrect because price stability and cost-benefit analysis are not part of resource and capability analysis, and resource-specific activities do not always involve allocating available capital. Option C is incorrect because resource and capability analysis involves both internal and external analysis, and not just an internal matrix comparison.

Resource and Capability Analysis Is Achieved by