A Resource Is Valuable and Rare but Neither Difficult to Imitate

question 69

Multiple Choice

A resource is valuable and rare but neither difficult to imitate nor without substitutes. This should enable the firm to attain

• A) no competitive advantage.
• B) competitive parity.
• C) a temporary competitive advantage.
• D) a sustainable competitive advantage.

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Definitions:

Midlife Crisis

A psychological state encountered during the middle age, often characterized by emotional turmoil and reevaluation of one's life and achievements.

Levinson

Describes the theory proposed by Daniel Levinson regarding stages of adult development, focusing on periods of transition and stable phases throughout the adult life span.

Generativity

A concern for establishing and guiding the next generation, often considered a stage of personal development in adulthood.

Midlife Crisis

A period of emotional turmoil in middle age characterized by a strong desire for change, often resulting from the realization of aging and mortality.