Countries vary with respect to the quantity and proportion of resources they possess, which forms the basis for ___________________ of nations
A) Lasting partnerships
B) The short term success
C) A sustainable competitive advantage

Question

Quizplus · Accepted Answer

A sustainable competitive advantage is based on having unique resources that are valuable, rare, difficult to imitate, and not substitutable. Countries can have such resources, such as oil, minerals, or skilled labor, that enable them to produce goods and services more efficiently and effectively than others, thus gaining a competitive edge. Lasting partnerships and short term success are not sufficient for sustaining such advantages.

Countries Vary with Respect to the Quantity and Proportion of Resources