Resources are the source of capabilities, some of which lead to the development of core competencies. In turn, some core competencies may lead to competitive advantage.

Question

Resources are the source of capabilities, some of which lead to the development of core competencies.  In turn, some core competencies may lead to competitive advantage.

Quizplus · Accepted Answer

This statement is true. Resources such as knowledge, skills, and technology form the basis of an organization's capabilities. Through the development and deployment of these capabilities, the organization can create core competencies that distinguish it from its competitors. Some of these core competencies may become sources of competitive advantage, allowing the organization to achieve superior performance in its industry.

Resources Are the Source of Capabilities, Some of Which Lead