Whether a Resource or Capability Can Support a Competitive Advantage

question 24

Multiple Choice

Whether a resource or capability can support a competitive advantage is determined by which two tests?

• A) Whether the resource or capability is competitively valuable and/or is something that rivals lack.
• B) Whether the resource or capability is rare and/or is hard to copy.
• C) Whether the resource or capability can be trumped and/or is hard to copy.
• D) Whether the resource or capability is competitively valuable and/or are there good substitutes available for the resource.
• E) Whether the resource or capability is hard to copy and/or can be trumped by different types of resources and capabilities.

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Definitions:

River Terraces

Step-like landforms found alongside river valleys, created as a river cuts downward into its bed while leaving remnant levels of previous floodplain as terraces.

Distributaries

Branches of a river or stream that diverge from the main channel and flow separately into the sea or another body of water.

Delta

A geological feature found where a river flows into slower waters or a standing body of water, created by the accumulation of sediment transported by the river.

Transcendence

The act of going beyond ordinary limits; surpassing or existing apart from the material experience.