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efficient Tag

The resource-based view (RBV) emphasizes that firms’ resources are an essential factor that influence competitive advantage and performance. According to RBV, firms control certain resources under various categories that can potentially contribute towards enhanced performance.  Prior studies verify firms possess resources that provide the potential...

Family business researchers highlight several unique characteristics of family businesses that allow them to strategically organise their business activities efficiently and effectively. Hoffman et al. (2006) argue that the characteristic that distinguishes FBs from NFBs is the effect of the family relationships on the business....

Quality control is essential for improving any manufacturing process. It encourages quality consciousness among workers, enables a more efficient utilization of resources and results in products of better quality at reduced production costs. It is especially crucial in processes with high quality requirements as is...