resources and capabilities
What resources and capabilities means in Business A-Level, as defined for AQA.
Definition of resources and capabilities
Check what you remember
Read the wording for your board, then hide it and explain resources and capabilities in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Internal matters such as the brand, the patents, the skills of the staff, the objectives, and the culture that would have to change.
Topics that use resources and capabilities
- Strategic positioning: choosing how to compete (AQA A-Level)
Related terms
- competitive advantage
- cost leadership
- differentiation
- erosion of advantage
- focus strategy
- imitation and entry
- margin and volume
- market structure
Using resources and capabilities in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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