According to the resource-based view of the firm:
A)Strategies are neither deliberate nor emergent
B)Competitors may all develop the same competitive strength
C)The environment offers significant challenges to be overcome
D)Organizations are bundles of resources
E)None of these

Question

Quizplus · Accepted Answer

The resource-based view of the firm suggests that organizations are bundles of resources, including tangible and intangible assets, that can provide sustainable competitive advantages. This perspective emphasizes the importance of internal strengths and capabilities rather than external factors such as market conditions or competition. Therefore, option D is the correct answer as it aligns with this view. Options A, B, and C do not accurately reflect the resource-based view of the firm.

According to the Resource-Based View of the Firm