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Which one of the following is a MISCONCEPTION of the Resource-Based View (RBV)? Firm performance is...

Which one of the following is a MISCONCEPTION of the Resource-Based View (RBV)?

Firm performance is driven entirely by internal factors.

All companies must leverage their information technology.

Most companies can gain competitive advantage from internal factors.

Firm performance is partially driven by internal factors.

All companies are part of the information technology landscape
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Answer #1

D. Firm performance is partially driven by internal factors.

As per Resource-based view model, internal factors are given more importance than external factors or industry effects. It is believed that if internal factors can be managed, companies can easily achieve competitive advantage. Option D is a misconception.

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