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Which view, applied in the area of Information Systems, helps identify two subsets of information resources: those that enable a firm to attain competitive advantage and those that enable a firm to sustain the advantage over the long-term?

a) Resource-based view
b) Competitive advantage view
c) Strategic information view
d) Sustainability view

User FeelGood
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Final answer:

The Resource-based view (RBV) helps identify information resources that allow a firm to achieve and sustain a competitive advantage by considering sets of valuable, rare, and inimitable resources. In Information Systems, this may include unique technologies or systems that provide a competitive edge and are difficult for competitors to replicate.

Step-by-step explanation:

The view that helps identify information resources that enable a firm to attain and sustain a competitive advantage is known as the Resource-based view (RBV). According to the RBV, firms possess resources, a subset of which enables them to achieve competitive advantage, and another subset of which allows the firm to sustain this competitive advantage over the long term. Resources that enable a firm to achieve competitive advantage are those that are valuable, rare, inimitable, and non-substitutable. Sustained competitive advantage, on the other hand, arises when a company possesses resources and capabilities that are difficult to duplicate or imitate by competitors.

Applying this view in the area of Information Systems means recognizing which technologies and systems provide unique value to the firm and which of those can be maintained to ensure the firm's success persists. For example, a firm might have a proprietary database that allows for more efficient customer service – this would be a resource for attaining competitive advantage. If the firm's Information Systems are designed in a way that they can easily adapt to changes in the market and continue to offer unique benefits, then they can be considered a resource for sustaining competitive advantage.

User Patrick Allwood
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