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1)Are tangible or intangible resources more important to a business, and why? 2)Describe the Resourced-Based Theory (also called Resource Based View of the firm), and

1)Are tangible or intangible resources more important to a business, and why?

2)Describe the Resourced-Based Theory (also called Resource Based View of the firm), and explain why you agree or disagree that it is a valuable tool for understanding firm performance?

3)What is the difference between a business model and a business plan? Which one is more important to a business, and why? Why do you believe business models are getting so much attention in todays business world?

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