One implication of the resource-based perspective is that:
A)Firms tend to adopt similar or close strategies
B)Aligning strategies with resources and capabilities implies that firms emphasize their differences rather than their similarities
C)Firms focus on building a stronger portfolio of capabilities than their rivals
D)Firms focus on reducing their vulnerability by eliminating their weaknesses

Question

Quizplus · Accepted Answer

The resource-based perspective suggests that firms should align their strategies with their unique resources and capabilities in order to emphasize their differences from other firms. This implies that firms should focus on developing and leveraging their distinctive strengths instead of trying to imitate their competitors or adopt similar strategies. Therefore, option B is the best choice. Option A is incorrect because the resource-based perspective assumes that firms have different resources and capabilities, which lead to different strategies. Option C is partially correct, but it does not capture the essence of the resource-based perspective, which emphasizes the importance of unique resources rather than a generic portfolio of capabilities. Option D is incorrect because the resource-based perspective does not advocate for a defensive strategy of reducing weaknesses, but rather a proactive strategy of leveraging strengths.

One Implication of the Resource-Based Perspective Is That