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What is the resource-based approach?

  • Management Dictionary
  • Organizational behavior
7 views

The central idea of ​​the resource-based view is to focus on internal analysis and the resources available to an organization to differentiate itself and build its competitive advantage. To be effective, this strategy must go through several phases: identifying available resources, analyzing them, and ultimately optimizing their use.

Keywords
  • negative, ordinary, resources, skills, Strategic resources, VRIO

Author(s)

GUYOTTOT Olivier

Teacher-researcher in strategy and political science

INSEEC-U

Institution(s)

Video(s) of the same institution(s)

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02:43

What is a brand manager?

AUBRUN Frédéric - INSEEC-U
  • Management Dictionary
With the back-to-back letter of credit, the exporter has a payment instrument that is both flexible and secure, allowing for better capital optimization while guaranteeing the confidentiality of their subcontracting....
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02:39

What are back-to-back letters of credit?

BESANGER Serge - INSEEC-U
  • Management Dictionary
Every company develops its marketing strategy based on at least four international values: Product, Price, Promotion, and Place. This framework is called the marketing mix, or the 4Ps of marketing. The concept of the 4Ps has evolved and is now represented by the 7Ps, which include People, Packaging, and Process....
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03:58

What is the marketing mix?

AUBRUN Frédéric - INSEEC-U | JAUFFRET Marie-Nathalie - INSEEC-U
  • Management Dictionary
INSEEC-U

Videos of the same thematic(s)

The Psychological Contract in Organizations (PCO) is both a theory and a method that helps explain why, when faced with the same event, some individuals perceive a contract breach while others see it as a simple adjustment. Developed in the late 1990s in the United States, this body of work...
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What is the psychological contract in organizations?

DE ROZARIO Pascale
  • Management Dictionary
The non-financial report, also known as the ESG or CSR report, provides a comprehensive picture of a company's environmental, social, and governance impact. It is now governed by initiatives such as the Global Reporting Initiative (GRI) and the Carbon Disclosure Project (CDP). The European NFRD directive and its update, the...
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What is an extra-financial report?

ROSZAK Sabrina
  • Management Dictionary
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What is the integrated report?

ROSZAK Sabrina
  • Management Dictionary
Organizational behavior

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