Resource based approach to strategy takes a look at the strengthening the internal resources of an organisation and how the resources could be transformed into a competitive edge that is not easily copied by others. It is argued in the topic that there are five attributes of resources that could lift an organisation to the level of internal strength - The resources collectively should be able to form capabilities that are:
1. Inimitable (not easy to imitate)
2. Durable (that could last very long)
3. Relevant (that is relevant in the context of current time)
4. Appropriable (this one I'm not sure what it exactly means)
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