Question

________ in the RBV are defined as the tangible and intangible assets that a firm controls that it can use to conceive and implement its strategies.

A) Management controls
B) Capabilities
C) Resources
D) Compensation policies

Answer 1

Resources in the RBV are the tangible and intangible assets that a firm controls and can use to implement strategies.

Step-by-step explanation:

In the Resource-Based View (RBV), resources are defined as the tangible and intangible assets that a firm controls and can use to conceive and implement its strategies.

Examples of resources include physical assets such as machinery, buildings, and land, as well as intangible assets such as patents, trademarks, and brand reputation.

These resources give the firm a competitive advantage by enabling it to differentiate its products or services, offer unique value to customers, or operate more efficiently.