Multiple Choice
There are four steps required by a resource-based analysis. Which of the following is not one of those steps?
A) Develop a list of all the firm's resources and capabilities.
B) Divide resources and capabilities into those that are ordinary and those that are extraordinary.
C) Decide whether ordinary activities should be outsourced or not.
D) Analyze the apparent extraordinary resources to see if they meet the VRIST criteria.
Correct Answer:
Verified
Correct Answer:
Verified
Q20: Which criterion below characterizes a resource that
Q21: If one person can be identified with
Q22: Resource substitution means that a firm can
Q23: In a resource-based analysis, identifying _ resources
Q24: Leveraging extraordinary resource positions may be accomplished
Q26: Physical assets such as equipment, buildings, land,
Q27: Sets of tightly integrated activities, organizational skills,
Q28: The three basic types of resources that
Q29: More often than not those resources that
Q30: The durability of a competitive advantage from