Resources and Capabilities Are the Basis of Competitive Advantage Only

question 79

Multiple Choice

Resources and capabilities are the basis of competitive advantage only when they satisfy all of the following criteria except ________.

• A) they must be marketable
• B) they must be valuable
• C) they must be rare
• D) they must be difficult to imitate

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Definitions:

Positive Consequences

Beneficial or favorable outcomes that result from a specific action or set of actions.

Openness to Experience

A personality trait characterized by an appreciation for art, emotion, adventure, unusual ideas, imagination, curiosity, and variety of experience.

Conscientiousness

A personality trait characterized by diligence, carefulness, and a high level of organization and responsibility.

Emotional Stability

A personality trait signifying the consistency of an individual's mood and temperament; opposite of high neuroticism.