Explore BrainMass

Explore BrainMass

    Competitive Advantage and Resource-Based Overview

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Please describe, in detail, how the resource-based overview or attitude for a firm helps explain competitive advantage for that firm.

    © BrainMass Inc. brainmass.com March 4, 2021, 9:35 pm ad1c9bdddf
    https://brainmass.com/business/resource-based-view/competitive-advantage-and-resource-based-overview-256667

    Solution Preview

    It is my goal to provide ideas, definitions, research help, and instructions on how you, the student, should approach the assignment.

    First, I'd like to look at some definitions under this:

    "What constitutes a "resource"?

    Jay Barney (1991, p101) referring to Daft (1983) "citation needed" says: "...firm resources include all assets, capabilities, organizational processes, firm attributes, information, knowledge, etc; controlled by a firm that enable the firm to conceive of and implement strategies that improve its efficiency and effectiveness (Daft,1983)."

    A subsequent distinction made by Amit & Schoemaker (1993, p35) is that the encompassing construct previously called resources can be split up into resources and capabilities. In this respect ...

    Solution Summary

    The solution answers the question posed. There is a substantial discussion on what constitutes a resource, and what competitive advantage is.

    $2.49

    ADVERTISEMENT