Firms resources, according to Barney (2006), will represent a competitive advantage if they contain four key attributes:
Being valuable, being rare, are without good substitutes and ______
A) are perfectly imitable by other firms
B) are imperfectly imitable by other firms
C) are cost-effective
D) are able to secure profit maximization

Question

Quizplus · Accepted Answer

Barney's framework for determining if a firm's resources can be a source of sustained competitive advantage includes the resources being valuable, rare, without good substitutes, and being imperfectly imitable by other firms. This means that other firms cannot easily replicate these resources, which helps maintain the competitive advantage.

Firms Resources, According to Barney (2006), Will Represent a Competitive