Resource Based View. The resource based view theory revolves around a company s strategic resources which are the building blocks of business growth. A resource based view is a strategy in which the organization focuses on internal resources available with it to compete in the market and achieve superiority.
The resource based view is a managerial framework used to determine the strategic resources a firm can exploit to achieve sustainable competitive advantage. In this editor s introduction we briefly describe the contribu. If a resource exhibits vrio attributes the resource enables the firm to gain and sustain competitive advantage.
Fundamentally this theory formulates the firm to be a bundle of resources.
The resource based view strategy helps you accomplish this by letting you analyze diversified contributions coming in from different quarters. You can then match these to opportunities to develop your competitive advantage. The resource based view theory revolves around a company s strategic resources which are the building blocks of business growth. The resource based view is a managerial framework used to determine the strategic resources a firm can exploit to achieve sustainable competitive advantage.
