Competitive Advantage and Resource-Based Overview
Not what you're looking for?
Please describe, in detail, how the resource-based overview or attitude for a firm helps explain competitive advantage for that firm.
Purchase this Solution
Solution Summary
The solution answers the question posed. There is a substantial discussion on what constitutes a resource, and what competitive advantage is.
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 ...
Purchase this Solution
Free BrainMass Quizzes
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Cost Concepts: Analyzing Costs in Managerial Accounting
This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.