meridian foods operates a chain of organic grocery stores. its $5 million in cash reserves, 12 retail…
meridian foods operates a chain of organic grocery stores. its $5 million in cash reserves, 12 retail locations, and fleet of refrigerated delivery trucks are all important to its operations.\n\nusing the rbv framework, these assets should be categorised as:\n\nselect one:\na. a mix of tangible and intangible resources, because cash is tangible but locations carry intangible brand value\nb. organisational capabilities, because they enable the firm to deliver products to customers\nc. organisational capabilities, because they represent the firms capacity to combine multiple resource types\nd. tangible resources, because they are physical and financial assets that are visible, measurable, and relatively easy for competitors to observe\ne. intangible resources, because they contribute to brand reputation through premium store locations
Answer
Brief Explanations:
The Resource-Based View (RBV) framework categorizes firm assets into tangible and intangible resources. Tangible resources are physical or financial assets that can be easily seen and quantified. In the case of Meridian Foods, the $5 million in cash (financial), 12 retail locations (physical), and the fleet of refrigerated delivery trucks (physical) are all tangible assets. These resources are visible and measurable, making them relatively easy for competitors to identify compared to intangible capabilities or brand reputation.
Answer:
d. Tangible resources, because they are physical and financial assets that are visible, measurable, and relatively easy for competitors to observe