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Essay

Resource Based View

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Issue:

Business

 

Written by:

Erna M

 

Date added:

April 27, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 696

 

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5486 times

 

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Essay content:

Grant (1991) considered resources as inputs available for firms in open markets to use and customize. Because of the general availability of resources, it is critical to possess firm-specific capacity to identify, develop and deploy key resources to lead to core competences (Fahy, 2000). According to resource based view theory, not all resources are equally important to the firm to obtain competitive advantage, and the key determents are: rareness, low tradability, inimitability, non-substantiality, durability and matching with strategic industry factors (Grant, 1991; Amit and Schoemaker, 1993; Barney, 1991; Fahy, 2000)...
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Because of the general availability of resources, it is critical to possess firm-specific capacity to identify, develop and deploy key resources to lead to core competences (Fahy, 2000). According to resource based view theory, not all resources are equally important to the firm to obtain competitive advantage, and the key determents are: rareness, low tradability, inimitability, non-substantiality, durability and matching with strategic industry factors (Grant, 1991; Amit and Schoemaker, 1993; Barney, 1991; Fahy, 2000)...
displayed 300 characters

General issues of this essay:
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