Which of the following best describes the resource based view of strategy?

Which of the following best describes the resource based view of strategy?
A . Carrying out a SWOT analysis to set strategy.
B . Recognising that competitive advantage stems from some unique asset or competence possessed by the organisation.
C . Recognising competitive advantage stems from scanning the environment.
D . Setting a strategy by creating the conditions for new ideas to flourish.

Answer: B