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:

Detrimental

Describes something that causes harm, damage, or a negative outcome.

Typical Pre-Event Level

This term refers to the baseline level of a metric or condition before a specific event or intervention occurs.

Negative Life Events

Stressful or traumatic incidents that have a detrimental effect on one's mental well-being, such as loss, failure, or conflict.

Positive Life Events

Occurrences that have a beneficial impact on one's life, often leading to feelings of joy, increased well-being, and happiness.