Question

A company's resources and capabilities represent:_________.
1) the firm's net working capital and related determinants for measuring operating performance and capabilities.
2) the firm's competitive assets, which are considered big determinants of its competitiveness and ability to succeed in the marketplace.
3) whether the firm has the industry's most efficient value chain.
4) management's source of funding of new strategic initiatives.
5) All of these.

Answer 1

Answer:

2

Explanation:

Resource and Capabilities sources that empowers a firm to have competitive advantage. They enable the company to effectively drive the business tackle competition with their product offerings. Resources are tangible(e.g. physical and financial assets) and intangible(e.g. skills) and human resources. Capabilities include business routines and the company's organisational culture.