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Answer to: the resourced based view of the firm (rbv school) is
an economic tool used to determine the strategic resources available to a firm
The Resource – Based View ( RBV ) is an economic tool used to determine the strategic resources available to a firm . These resources can be exploited by the firm in order to achieve sustainable competitive advantage . Barney ( 1991 ) formalised this theory , although it was Wernerfelt ( 1984 ) who introduced the idea of resource position barriers being roughly analogous to entry barriers in the positioning school ( see Porter , 1980 ) . RBV proposed that firms are heterogenous because they possess heterogenous resources .
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the resourced based view of the firm (rbv school) is
an economic tool used to determine the strategic resources available to a firm