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Resource-Based Model and Above Average Returns

What does the Resource Based model suggest a firm should do to earn above average returns?

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The Resource Based model suggests the following in order to earn above average returns within his or her organization. At least five steps are worth noting. They are resources, capability, competitive advantage, industry is attractive and forming a strategy and implementing it. In regards to resources and capabilities, this is done by means of having a unique business. This ...

Solution Summary

This solution discussed the Resource-Based Model in order to get above average returns.