The idea that a firm is a collection of resources is often referred to as the resource-based view of the firm.

Name: The idea that a firm is a collection of resources is often referred to as the resource-based view of the firm.
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Question

Quizplus · Accepted Answer

The statement is true. The resource-based view of the firm suggests that a firm's resources, including tangible assets, human capital, and intangible assets, such as brand reputation, are vital to its success and competitive advantage.

The Idea That a Firm Is a Collection of Resources