Which of the following statements is true of the resource-based view of a firm?
A)It analyzes the factors that influence an organization's appeal and environment.
B)It was developed to make an inventory of the resources available in a company.
C)It was developed to explain why some firms outperform other firms in the same industry.
D)It examines the efficiency of employees through standardized tests and group discussions.

Question

Quizplus · Accepted Answer

The resource-based view of a firm was developed to explain why some firms outperform others in the same industry by analyzing a firm's unique resources and capabilities. It is not focused on analyzing factors influencing an organization's environment or employee efficiency through standardized tests and group discussions. The inventory of resources available in a company is a part of the resource-based view but not the sole purpose.

Which of the Following Statements Is True of the Resource-Based