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Describe the resourced-based theory also called resource

1) Are tangible or intangible resources more important to a business, and why?

2) Describe the Resourced-Based Theory (also called Resource Based View of the firm), and explain why you agree or disagree that it is a valuable tool for understanding firm performance?

3) What is the difference between a business model and a business plan? Which one is more important to a business, and why? Why do you believe business models are getting so much attention in today's business world?

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