Define Resource$-$Based View $($RBV$)$: Explain the fundamental principles of RBV$,$ emphasizing its focus on internal resources, capabilities, and competencies as sources of sustainable competitive advantage. Highlight how RBV differs from other strategic management perspectives, such as Porter's Five Forces or SWOT analysis.

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ResourceBased View RBV is a strategic management framework that focuses on the internal resources capabilities and competencies of a firm as the primary sources of sustainable competitive advantage RB... View the full answer