A wide variety of firm resources that are costly to imitate due to the social engineering that is required being beyond the capability of competitors include interpersonal relations among managers in the firm,its culture,and its reputation with its suppliers and customers.Such competitive advantages are based upon
A) path dependency.
B) social complexity.
C) physical uniqueness.
D) tangible resources.

Question

Quizplus · Accepted Answer

Resources of a firm may be imperfectly inimitable because they reflect a high level of social complexity. A wide variety of firm resources may be considered socially complex. Examples include interpersonal relations among the managers in a firm, its culture, and its reputation with its suppliers and customers.

A Wide Variety of Firm Resources That Are Costly to Imitate