Resources of an organization include various assets that contribute to its competitiveness, with core competencies being key for sustainable advantage.
Resources of an organization typically refer to tangible and intangible assets that contribute to its competitiveness and performance. They can include physical assets like machinery, financial resources, human capital, and technological capabilities.
Among the given options, all except for weak competitors in the industry can be considered as resources. Weak competitors do not directly belong to the organization but are external factors affecting its competitive landscape.
Identifying and leveraging core competencies within an organization can lead to sustainable competitive advantage and improved profitability. These core competencies are the strengths and capabilities that set a firm apart from its competitors.
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