Final answer:
The statement is false; stakeholders are not just the firm's internal resources, capabilities, and core competencies. Stakeholders include anyone with an interest in the firm, such as customers, employees, suppliers, and the community, whereas internal resources and competencies are the strengths a firm uses in the competitive environment.
Step-by-step explanation:
The statement is false. Organizational stakeholders are not merely the firm's internal resources, capabilities, and core competencies. Instead, stakeholders encompass a broader group of individuals or organizations that have an interest or stake in the company's performance, which could include customers, employees, suppliers, government agencies, shareholders, and the broader community. These stakeholders have various interests in the firm's operations and may not be involved in achieving competitive goals directly but are affected by the firm's business practices and outcomes.
A firm's internal resources and capabilities are indeed used to achieve competitive goals, but this would refer more accurately to the firm's infrastructure, technological assets, human resources, and operational processes. Core competencies, on the other hand, are the unique strengths that a firm possesses which give it an advantage over competitors in meeting customer needs and achieving strategic objectives. These could include specialized knowledge, skilled workforce, proprietary technology, efficient processes, and brand reputation, among others.
Therefore, the concept of stakeholders is much broader and entails a wider range of interests and influences than just internal firm resources and capabilities used for achieving competitive advantage.