Question#5:

Integrate RBV and competence based completion theories to support

organization competition.
RBV:
The Resource based view (RBV) analyzes and interpret internal resources of the
organizations and emphasizes resources and capabilities in formulating strategy to
achieve sustainable competitive advantages that leads to superior long term
performance. Resources that are valuable and unique can lead to creation of
competitive advantage. Resources may be considered as inputs that enable firms to
carry out its activities.
Utilization of resources

Sustainable competitive advantage

Superior long term performance

competence based competition:

The ability to sustain the coordinated distribution of resources in ways that helps
an organization achieve its goals (creating and distributing value to customers and
stakeholders).
Both theories argue to utilize the resources in best possible way that organization
can compete with rivals.