GBA 498 St Leo University Difference Between Resources and Capabilities Discussion

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lhatserr07

Business Finance

GBA 498

St Leo university

GBA

Question Description

Help me study for my Management class. I’m stuck and don’t understand.

What is the difference between resources and capabilities? Explain using a specific example from a company that is of interest to you. How can you determine if a resource or capability can be the source of a competitive advantage?

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Running head: STRATEGY

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Differences between Resources and Capabilities
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DIFFERENCES BETWEEN RESOURCES AND CAPABILITIES

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Resources and capabilities represent company internal opportunity and strengths that the
company uses in its strategic management its operations (Barney, 2015). company resources
consist of both tangible and intangible assets that the firm uses to generate its revenue. tangible
resources include inputs such as physical assets, financial capital, modern, and technological
systems (Barney, 2015). These resources help in the production processes by enabling efficient
and cost-effective production processes. brands generate revenue through the production of highquality products using modern technology, which is a significant resource endowment. In...

Zfuneba (15639)
Carnegie Mellon University

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