General Studies · Strategic Management
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: The Resource-Based View (RBV) framework posits that a firm's sustained competitive advantage stems primarily from its unique internal bundle of resources and capabilities rather than the external industry structure. Reason R: The RBV framework assumes that strategically valuable resources are highly mobile and can be easily transferred between competing firms to ensure competitive parity.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A is not correct but R is correct
- 2A is correct but R is not correct✓
- 3Both A and R are correct but R is NOT the correct explanation of A
- 4Both A and R are correct and R is the correct explanation of A
Correct answer
A is correct but R is not correct
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