A company's resources and capabilities represent:
A. the firm's net working capital and related determinants for measuring operating performance and capabilities.
B. the firm's competitive assets, which are considered big determinants of its competitiveness and ability to succeed in the marketplace.
C. whether the firm has the industry's most efficient value chain.
D. management's source of funding of new strategic initiatives.
E. All of these.
Answer: the firm's competitive assets, which are considered big determinants of its competitiveness and ability to succeed in the marketplace.