True/False
Strategies do not affect firm performance directly, but affect performance through the development of firm-specific resources and capabilities that can lead to both competitive advantage and high performance.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q22: Patents protect the ownership interests of firms
Q23: Early studies of the impact of firm-specific
Q24: If resources and capabilities are both valuable
Q25: Strategy content describes how a firm does
Q26: _ include reputation, culture, trust, and friendships
Q27: A capability that is not difficult to
Q28: Firms that earn above-average economic profits over
Q30: "Structural" explanations for firm performance predict that
Q31: Sustainable competitive advantage is the set of
Q32: _ is the reason why venture capital