Theory for Analysing
Theory for Explaining
Theory for Predicting
Theory for Explaining and Predicting
Theory for Design and Action
The resource-based theory (RBT) is an influential approach in strategic management. It has been widely applied as a managerial framework to determine vital resources for a firm to achieve a sustained competitive advantage. The theory provides an essential framework to explain and predict the fundamentals of a company’s performance and competitive advantage.
TheoryHub © 2020-2022 All rights reserved