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Management & Leadership vocabulary · Strategy and Planning

Resource-based view

Meaning in management & leadership, with examples

nounAdvanced term

In management & leadership, resource-based view means: An approach to strategy that explains competitive advantage through the resources and capabilities a firm controls.

In Turkish: kaynak temelli yaklaşım

How it is used

Often shortened to RBV; use when analysing internal sources of advantage rather than only industry conditions.

Example sentences

  1. The resource-based view directed our attention to the laboratory's hard-to-copy expertise.

    The explanation locates advantage in a distinctive internal resource.

  2. Using the resource-based view, the students compared two firms competing in the same market.

    Shared market conditions can coexist with different internal capabilities.

Common collocations

  • apply the resource-based view
  • resource-based view of the firm
  • strategyA long-term plan that sets out where an organisation wants to go and the main choices it will make to get there, such as which markets to enter and what to stop doing.
  • competitive advantageSomething that allows a company to do better than its competitors, such as lower costs, a stronger brand, better technology or more skilled people.

More terms: Strategy and Planning

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