Question: There is a dialectic between strategy and internal resources; sometimes strategy shapes the internal resources and sometimes the internal resources shape strategy. It is a
There is a dialectic between strategy and internal resources; sometimes strategy shapes the internal resources and sometimes the internal resources shape strategy. It is a "chicken and egg" kind of thing ... but it's important to observe that fact. And, moreover, "The basic premise of the RBV is that the mix, type, amount, and nature of a firm's internal resources should be considered first and foremost in devising strategies that can lead to sustainable competitive advantage."
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