The resources perspective on business strategy ______.
A)deemphasizes the external context in which the firm operates
B)has been disproven through research
C)is too narrow, focusing only on assets, not processes
D)focuses on the firm's competitive operating environment

Question

Quizplus · Accepted Answer

The resources perspective on business strategy emphasizes the internal capabilities and resources of a firm rather than the external competitive environment. This approach suggests that a firm's unique resources and capabilities are the primary drivers of its strategy and competitive advantage, rather than external market conditions.

The Resources Perspective on Business Strategy ______