Which of the following is NOT a criterion that must be met in order for resources and capabilities to become a competitive advantage under the resource-based model?
A) The resources and capabilities possessed by competitors are ordinary.
B) The resources and capabilities are costly to imitate when firms cannot obtain them.
C) The resources and capabilities have no structural equivalents.
D) The resources and capabilities are valuable if they can be used to exploit opportunities.
Correct Answer:
Verified
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Q33: Which of the following is a characteristic
Q34: Which of the following is NOT an
Q35: The resource-based model of the firm argues
Q36: The I/O model and the resource-based view
Q38: A set of capabilities used to respond
Q39: The resource-based view of the firm:
A) suggests
Q40: To achieve greater strategic flexibility,firms must:
A) hire
Q41: Define value creation and above-average returns.
Q42: Explain the strategic management process.
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