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:

Perfect Attendance

Refers to the achievement of being present at every scheduled session of a particular event or institution, such as school or work, without any absences.

Incentive Program

A business strategy designed to motivate and reward employees to exceed normal work performance standards.

Null Hypotheses

A default hypothesis that there is no significant difference or relationship between specified populations, effects, or phenomena, used as a starting point for statistical testing.

Alternative Hypotheses

Hypotheses that propose there is a difference, effect, or relationship in a population, in contrast to the null hypothesis which suggests no effect or relationship.