The difference between a resource and a capability is that

$21$

Multiple Choice

$3$

points

$02$:$32$:$41$

a resource refers to a company's best$-$executed functional strategy, and a capability refers to a company's best$-$executed business strategy.

a resource refers to a company's most strategically important asset, whereas a capability refers to the basis of a company's competitive advantage over rivals.

a resource is a competitively relevant internal activity that a firm performs especially well relative to other internal activities, whereas a capability is a competitively important activity performed by key strategic allies.

a resource represents a competitive asset that is owned or controlled by the company, whereas a capability is a competently performed internal activity that is developed through the deployment of the company's resources.