| dc.description.abstract | Resources are the main economic factors that any developing country must strategize in order
to bring wealth. Bomet County is endowed with many resources yet to be fully exploited.
However the productivity is comparatively low, livelihood is low due to low income yet it
has abundant resources. The objective of this research was to evaluate resources in Bomet
County, to establish specific resources that may give Bomet County competitive advantage
and to determine the likely resources exploitation combination that may offer competitive
advantage in Bomet County. This study focused on leveraging of competitive advantage in
Bomet County on resources to generate wealth. The literature review is based on Resource
Based View Theory and Michael Porters‟ Five Points have been pointed out as the basis of
resource development. Ecological factors (land, water, tourism, human resources) were the
strategic resources offering competitive advantage in Bomet County for high level of
productivity, price leadership and high quality service. In the research methodology, the
survey design was adopted in collecting primary and secondary data from relevant authorities
of ministries in Bomet County, targeting the use of resources and capabilities. The targeted
population were government officers in land, water, tourism, public administration and
education ministries who were directly involved in the use of strategic resources. The total
number of identified population was 138 out of which 78 were issued with questionnaires.
Questionnaires and interview schedules were the research instruments used. Secondary data
included periodicals and ministerial reports on relevant areas. Data analysis was done using
SPSS. Descriptive Analysis (percentages, frequencies and averages) followed by data
presentation and discussions on bar graphs, pie charts and tables. The study concludes that
maximum utilization of strategic resources will offer competitive advantage in Bomet
County. Therefore the study recommends that further studies to be carried on how to
implement the strategies of converting resource to generate maximum wealth | en_US |
