The Resource Based view of the firm states:
A)The major source of competitive advantage is within the firm.
B)Exploitation of resources creates superior economic value.
C)Both A and B
D)Neither A and B

Question

Quizplus · Accepted Answer

The Resource Based view of the firm states that the major source of competitive advantage is within the firm (Option A) and that the exploitation of resources creates superior economic value (Option B). Therefore, both Option A and Option B are correct, making Option C the best choice. Option D can be eliminated as it contradicts the Resource Based view altogether.

The Resource Based View of the Firm States