Question
. List and describe the two critical assumptions behind the resource-based view of the firm. (5 points x 2) 2. Why are these two assumptions
. List and describe the two critical assumptions behind the resource-based view of the firm. (5 points x 2) 2. Why are these two assumptions key to understanding how a firm gains and maintains a competitive advantage? (5 points x 2) 3. How do these two critical assumptions address the shortcomings of Porters Five Forces Model? Logically explain and support your response with information from the textbook and external sources (as needed). (5 points) 4. Based on the two critical assumptions, which type of resource would be most advantageous to the firm? Logically explain and support your response with information from the textbook and external sources (as needed). (5 points)
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