A Resource Is Valuable and Rare but Neither Difficult to Imitate

question 74

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) a temporary competitive advantage.
• C) competitive parity.
• D) a sustainable competitive advantage.

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Definitions:

Regional Purchasing Offices

Offices located in various geographical regions tasked with buying goods and services for a company, optimizing logistics and reducing costs.

International Trade

The exchange of goods, services, and capital between countries and territories.

Overall Value

The total worth or benefit derived from a product, service, or activity, considering all factors.

Lower Price

A strategy or situation where the cost of goods, services, or commodities is reduced to make them more attractive to buyers.