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:

Data Mining

Computer searches of customer data to detect patterns and relationships.

Computer-Based Technology

The use of computer systems and software to manage information.

Analyzing

The process of examining data or details systematically to understand their structure, uncover relationships, and extract meaningful information.

Chief Information Officer

An executive responsible for managing and implementing technology and information systems within an organization.