​The resource based perspective indicates that firms exhibit different performances within the same industry because

A) ​Some firms have better resources than others
B) Some firms have organizational structures that can be duplicated
C) Some firms sell goods that have a more elastic demand
D) ​Some firms sell goods that have a perfectly elastic demand

Resource Based Perspective

A management tool used to identify and evaluate resources within an organization to gain and sustain competitive advantage.

Elastic Demand

The characteristic of a good or service wherein its demanded quantity significantly changes due to changes in its price.

Organizational Structures

The system that outlines how certain activities are directed in order to achieve the goals of an organization, including the roles and responsibilities of employees.