Jay Barney once wrote, “Obviously, that a firm’s resources andcapabilities have been valuable in the past does not necessarilyimply that they will always be valuable.â€
a. Simply put, what does this statement mean? Explain itconceptually. Explain what may cause valuable resources andcapabilities to lose their “valuable†status. In your discussion besure to include an explanation of a valuableresource/capability.
b. Provide two (2) specific, well thought out, concise, andmutually exclusive (i.e., different phenomena - real or fictitious)examples to help illustrate the truthfulness of this quote
