What makes organizational resources unique?
What will be an ideal response?
The resource-based view of managing strategically emphasizes the uniqueness of resources as a means of developing and sustaining a competitive advantage. Organizational resources should add value to the organization. The resource should be rare and not subject to duplication or substitution. Additionally, the organization should be able to exploit the resource as a competitive advantage.
You might also like to view...
Which of the following accounting system outputs is not needed for cost-volume-profit analysis?
A) Sales price per unit B) Variable costs per unit C) Total fixed costs D) Fixed cost per unit
What is considered as one of the earliest fads in the field of management occurred as a result of ______ .
a. lab groups b. leadership groups c. sociotechnical groups d. T-groups
Which of the following is TRUE about Affirmative Action?
a. Affirmative action is required by Title VII. b. Affirmative action is prohibited by Title VII. c. Affirmative action is allowed in goverment contracts if it can show the programs are needed to overcome specific past discrimination. d. Affirmative action programs are usually voluntary on the part of employers, since courts have no power to order remedies for past discrimination.
Cell phones have morphed into ________ that offer more advanced computing ability and connectivity than basic cell phones.
A. Super computers B. Smart phones C. Streaming phones D. Micro computers