Which of the following is NOT a component of resource-based view?

The concept of resource-based view (RBV) focuses on the internal resources of a firm and how they can provide a competitive advantage. The fundamental components of RBV typically include valuable resources, rare resources, and imperfectly imitable resources. Each of these components plays a critical role in determining how a firm's resources can lead to sustained competitive advantage.

Valuable resources contribute to a firm’s efficiency and effectiveness, allowing it to capitalize on opportunities or neutralize threats in the market. Rare resources are those that are not widely possessed by competitors, making them a source of uniqueness. Imperfectly imitable resources are difficult or costly for competitors to replicate, ensuring the firm retains its advantage over time.

In contrast, freely accessible resources do not fit into this framework because their availability to all firms means they cannot serve as a source of competitive advantage. They can be easily acquired and utilized by any competitor, which dilutes their potential to differentiate a company in the marketplace. This understanding underscores why the correct choice is C, as it is not a recognized component of the resource-based view.