Question: The difference between a resource and a capability is:1) A resource is a productive asset; a capability refers to what the firm can do2) A

The difference between a resource and a capability is:1) A resource is a productive asset; a capability refers to what the firm can do2) A resources tend to be immobile assets; capabilities are dynamic3) A resource is a weak source of competitive advantage whereas a capability is a strong one4) A capability is a type of resource

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

1. Strategy's concern is to match a firm's resources and capabilities to the opportunities emerging from its environment. True or False? Select one: True False 2. The resource-based view focuses on:...

answer following questions Essentials of Strategic Management, Mid Term Test 1.) The essence of strategy is A) developing lasting success that can support growth and secure the company's future over...

Sundar G. Bharadwaj, P. Rajan Varadarajan, & John Fahy Sustainable Competitive Advantage in Service Industries: A Conceptual Model and Research Propositions The purpose of competitive strategy is to...

Question :You are required to complete a summary of the article below. The article is attached and you need to have at least one page summary ( single spaced ) about the topic with the expansion of...

Since we are not going to have an exam for the week, you are required to complete a summary of the article below. The article is attached and you need to haveat leastone page summary (single spaced)...

Please review the short strategic highlight 3.2 (page 75) on the "Five Forces in the Airline Industry" or "strategy highlight 4.1 (page 119) on "Applying VRIO: The Rise and Fall of Groupon" in the...

Due Sunday, 11/20: Problems from Zimmerman text: 2-11, 2-44, Case 2-3, 7-7, and 7-20 Chapter Two The Nature of Costs Chapter Outline A. Opportunity Costs 1. Characteristics of Opportunity Costs 2....

CHA P TER 9 Understanding Software: A Primer for Managers 1. INTRODUCTION L E A R N I N G O B J E C T I V E S 1. Recognize the importance of software and its implications for the rm and strategic...

Honesdale levies property taxes in March of each year to help finance the General Fund expenditures for the calendar year. Property owners are required to pay the taxes in equal installments in April...

Following the elastic collision in Problem 93, the energy of the recoiling mass is 8.0 J. Find the masses m and the spring constant k. mm

9. Electromagnetic waves are used in medical imaging. (a) Both gamma rays type of imaging. and X-rays are used in medical imaging. Explain the main differences between each (b) Describe a possible...

What is SQL DROP TABLE Statement??