Which theory is best described as "Organizations are bundles of resources, identified as physical capital, organizational capital, and human capital"

Question

Quizplus · Accepted Answer

The theory described in the statement is the Resource Based View, which focuses on the resources of an organization (physical capital, organizational capital, and human capital) as the key source of its competitive advantage. This theory suggests that firms can achieve superior performance and sustain it over time by accumulating and leveraging unique, valuable, and hard-to-imitate resources.

Which Theory Is Best Described as "Organizations Are Bundles of Resources