Explain how the resource-based view of the firm applies to this specific situation

Explain how the resource-based view of the firm applies to this specific situation

. According to bloomberg(https://www.bloomberg.com/news/articles/2016-05-23/axa-to-sell-2-billion-of-tobacco-assets-as-it-divests-industry) AXA (a French multinational insurance firm) decided in 2016 to stop investing in tobacco companies and divest all of its $2 billion of assets in tobacco industry.

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