When a resource or capability is valuable,rare,hard to imitate,and non-substitutable firms may gain:

Name: When a resource or capability is valuable,rare,hard to imitate,and non-substitutable firms may gain:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When a resource or capability is valuable, rare, hard to imitate, and non-substitutable, it means that the firm has a sustainable competitive advantage. This type of advantage is difficult for competitors to replicate, leading to long-term success and profitability for the firm.

When a Resource or Capability Is Valuable,rare,hard to Imitate,and Non-Substitutable