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RBV - Internal & External Perspectives Analyze 5 Characteristics of Resources

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aakriticollection61

The Resource-Based View of organizations analyzes 5 characteristics of a company's resources from both internal and external perspectives. Resources are defined as things an organization has access to. Companies that have strategic asset stocks, which are non-tradable, non-imitable and cannot be substituted, can gain a sustained competitive advantage over competitors.

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true/false The Resource-Based View of the organization considers both internal and external perspectives when analyzing the 5 characteristics of resources. Resources are a stock and are defined as things and organization has and can access. Companies with strategic asset stocks have a sustained competitive advantage. Strateqic Asset Stocks are non-tradable, non-imitable; and can be substituted.

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