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.

---

Definitions:

Political Power

The ability or authority to influence and control the behavior of people or the course of events in the political arena.

British Aristocracy

A class of nobility in the United Kingdom, historically possessing hereditary titles and privileges.

Farm Families

Households that live and work on farms, typically involving all family members in agricultural activities as a means of livelihood.

Land Ownership

The legal or rightful possession of land, which includes the rights to use, control, and transfer the land.