Jay Barney once wrote, Obviously, that a firms resources andcapabiliti...

Jay Barney once wrote, â€œObviously, that a firmâ€™s resources and capabilities have been valuable in the...

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Operations Management

Jay Barney once wrote, â€œObviously, that a firmâ€™s resources andcapabilities have been valuable in the past does not necessarilyimply that they will always be valuable.â€
a. Simply put, what does this statement mean? Explain itconceptually. Explain what may cause valuable resources andcapabilities to lose their â€œvaluableâ€ status. In your discussion besure to include an explanation of a valuableresource/capability.
b. Provide two (2) specific, well thought out, concise, andmutually exclusive (i.e., different phenomena - real or fictitious)examples to help illustrate the truthfulness of this quote

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Arrangement a This is an announcement valid in the dynamic environment of business Each business has some basic center abilities These skills are achieved by the business assets utilized and their capacities Because of changing business elements and new players jumping up in the business sectors these significant assets and abilities of the association gradually blurs away and they face the weight of advancement The Following are the reasons why an asset or a capacity may lose its important remainder The asset has lost its ability and has gotten obsolete The ability no longer See Answer

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