Internal Influences - Resources
Internal Influences - Resources
New in Stock - Preliminary Exam Business Report Samples (Band 6 Exemplar)
The level of access to critical resources that a business has is an internal influence on its success (productivity, revenue, profit).
Businesses that have an abundance of resources at it disposal has a higher chance of establishing and maintaining a competitive advantage.
Human Resources—The best skills / talents in human workforce (human resources capabilities)
Informational Resources—Knowledge / data / research / know-how
Physical Resources—Equipment / technologies / premises
Financial Resources—Cash, access to debt, equity funds