Talk:Resource-based view
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Classification of resources edit
Tangible assets are important for the resource-based view because they are the ways a company produces revenue. Tangible assets are the base of business’ activity and set limits on how the business can use its resources. [1] The source was misquoted and therefore misleading. The cited source pointed out that tangible assets are used (or consumed) in producing revenue. This is quite different from stating that tangible assets are the way that companies produce revenue.
The RBV places a higher priority on intangible resources such as skills and capabilities which are not depleted through use, but rather improve with use. The resource-based view (RBV) is a managerial framework used to determine the strategic resources with the potential to deliver comparative advantage to a firm. These resources can be exploited by the firm in order to achieve sustainable competitive advantage. The original meaning was intended. RBV is primarily interested in how to identify and nurture comparative advantages – which in turn, lead to competitive advantages. The edit not only changed the meaning, but also led to an inadvertent circular argument (i.e. competitive advantages… can be exploited to achieve competitive advantages) which is not constructive and diminishes the value of the article.
175.32.56.121 (talk) 02:51, 1 June 2019 (UTC)
References
- ^ Kenton W. (2017). Tangible Asset. Retrieved 1 March 2019 from https://www.investopedia.com/terms/t/tangibleasset.asp