What is another word for key resource?
Pronunciation: [kˈiː ɹɪzˈɔːs] (IPA) 
The term 'key resource' refers to a critical asset or factor that a company depends on to carry out its business operations. Some synonyms for this term include pivotal resource, essential asset, vital component, crucial element, and fundamental resource.
It is imperative for organizations to identify and leverage their key resources to maintain a sustainable competitive edge. Such resources could range from talented employees, physical assets, data analytics tools, or proprietary technology.
By understanding and utilizing the importance of these key resources, a business can build a strong foundation and cultivate a winning strategy. Successful companies invest in their key resources to gain a competitive advantage, thereby ensuring their long-term success and sustainability.
