While a resource may not be rare or unique by objective measures, it may still be a source of a resource-based competitive advantage by the standard of rareness if it
A) is perceived to be rare.
B) is managed exceedingly well.
C) can be hidden from rivals.
D) is used in a context in which it is valuable.

Question

Quizplus · Accepted Answer

A resource can be a source of competitive advantage if it is perceived to be rare, as perception can influence market dynamics and competitive positioning.

While a Resource May Not Be Rare or Unique by Objective