A resource analysis
A) is often based on cross-department combinations of intellectual capital and expertise.
B) uses a company's valuable and rare resource strengths and competitive capabilities to deliver value to customers that rivals have difficulty matching.
C) is typically based on a stand-alone resource strength such as technological expertise.
D) refers to a company's most efficiently executed value-chain activity.
E) uses industry key success factors to provide a company with a core competence that rivals cannot effectively imitate.

Question

Quizplus · Accepted Answer

A resource analysis is focused on identifying a company's valuable and rare resource strengths and competitive capabilities that can be used to deliver unique value to customers and create a competitive advantage that rivals cannot easily match. This approach leverages the company's strengths and core competencies, rather than relying on stand-alone resource strengths or industry key success factors. While cross-department collaborations and intellectual capital may be part of the analysis, they are not the primary focus. Similarly, while value-chain analysis is important for identifying areas of operational efficiency, it is not the same as identifying unique, valuable, and rare resources.

A Resource Analysis