Which of the following statements accurately describes a firm's resource stock?
A) Resource stocks are a firm's level of resources that are common to competitors.
B) Resource stocks are a firm's future estimate of both tangible and intangible resources.
C) Resource stocks are a firm's current level of intangible resources.
D) Resource stocks are a firm's level of investments to maintain or build a resource.

Question

Quizplus · Accepted Answer

Resource stocks are a firm's current level of intangible resources. A company's intangible resource stock includes its dynamic capabilities, new-product development, engineering expertise, innovation capability, reputation for quality, and so on.

Which of the Following Statements Accurately Describes a Firm's Resource