The Organization System- Culture and HR Policies and Practices
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The Organization System- Culture and HR Policies and Practices

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According to Newbert (2008) ‰Ђњthe resource-based view of the firm (RBV) hypothesizes that the exploitation of valuable, rare resources and capabilities contributes to a firm's competitive advantage, which in turn contributes to its performance‰Ђќ. While quoting Barney (2000), Kraaijenbrink et al. (2010, p. 350) stated that in order for a firm to achieve competitive advantage ‰Ђњit must acquire and control valuable, rare, inimitable, and non-substitutable (VRIN) resources and capabilities, plus have the organization (O) in place that can absorb and apply them‰Ђќ.

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