A firm's resources and capabilities:
A)are inherited, not created
B)are always core competencies
C)may be a source of incompetence
D)are all a firm needs to focus on

Question

Quizplus · Accepted Answer

Not all resources and capabilities of a firm are necessarily beneficial or valuable. Some may even hinder the firm's success if they are not properly managed or utilized. Therefore, it is important for a firm to identify its core competencies and strategically allocate its resources and capabilities to maximize its competitive advantage.

A Firm's Resources and Capabilities