To Have the Potential to Become Sources of Competitive Advantage

question 8

Multiple Choice

To have the potential to become sources of competitive advantage, resources and capabilities must be non-substitutable, valuable, __________, and __________.

• A) unique; easy to imitate
• B) easy to imitate; difficult to implement
• C) rare; costly to imitate
• D) easy to implement; unique

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Definitions:

Action

The process or act of doing something, typically to achieve a goal or handle a problem.

Overwhelmed

A state of being where an individual feels unable to cope with the demands placed on them due to excessive stress or emotional burden.

Crisis

A crisis is a time of intense difficulty, trouble, or danger, characterized by a decisive change requiring urgent response and adaptation.

Resources

are materials, finances, and other assets that can be utilized to achieve goals.