Asked by Krishna Sriharsha Maramganti on Jul 06, 2024
Verified
Before establishing and implementing strategy, a resources view would ensure that which of the following resources is/are available?
A) financial
B) physical
C) human
D) technological
E) all of the above
Resources View
A method managers use to evaluate the resources at their disposal and manage or alter them to achieve competitive advantage.
Technological
Pertaining to technology, involving the application of scientific knowledge for practical purposes, especially in industry.
Physical
Pertaining to material things or objects that can be seen, touched, and occupy space.
- Understand the impact of environmental factors on a firm's strategy.
Verified Answer
MB
michelle batemanJul 09, 2024
Final Answer :
E
Explanation :
The resources view ensures that all of the above resources (financial, physical, human, and technological) are available before establishing and implementing strategy. It is important to consider all of these resources in order to effectively execute a strategy.
Learning Objectives
- Understand the impact of environmental factors on a firm's strategy.