Question: The performance of the resource-based model is different. It establishes the company's capabilities. This model also implies that businesses acquire a variety of resources and
The performance of the resource-based model is different. It establishes the company's capabilities. This model also implies that businesses acquire a variety of resources and create distinct capabilities based on how they combine and use them. Furthermore, resources and capabilities are not easily transferable across firms. A competitive advantage is based on disparities in resources and capabilities. Competitors will find it increasingly challenging to grasp and duplicate skills when they are used more frequently. A capability must not be readily duplicated but also not be too difficult to comprehend and manage as a source of competitive advantage. Do you think the resource-based model has more superior returns than the I/O model?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
