According to the resource-based theory, _____ of an asset is one of the four qualities that makes it a strategic resource for a business.
A) availability
B) dynamism
C) rarity
D) tangibility
E) competitiveness

Question

Quizplus · Accepted Answer

Rarity is one of the four qualities that make an asset a strategic resource according to the resource-based theory, as it implies that the asset is not widely possessed by competitors, giving the firm a competitive advantage.

According to the Resource-Based Theory, _____ of an Asset Is