Describe the Links Between Resources,capabilities and Strategic Capabilities

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The Answer is Resources are the tangible and intangible assets of the organisation,and can be a source of competitive advantage by themselves.Resources are generally of little use without capabilities,which are defined as the processes,systems or organisational routines that the organisation uses to coordinate its resources for productive use.Strategic capabilities are those capabilities that create value for customers,are better than the capabilities of most competitors and are difficult to imitate or replicate.Strategic capabilities are the ones that create sustainable competitive advantage.Typically,strategic capabilities require the combination of some tangible and intangible resources and some activities to create a process,system or organisational routine which creates a competitive advantage.

Describe the Links Between Resources,capabilities and Strategic Capabilities

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Describe the Links Between Resources,capabilities and Strategic Capabilities

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Correct Answer:VerifiedShow Answer

Correct Answer:
Verified