In the context of sustainable competitive advantage, unlike rare resources, imperfectly imitable resources:
A) are not controlled or possessed by many competing firms.
B) are impossible or extremely difficult to duplicate.
C) can be used by firms to improve their effectiveness and efficiency.
D) need not be nonsubstitutable resources to produce a competitive advantage.

Question

Quizplus · Accepted Answer

Imperfectly imitable resources are resources that are difficult but not impossible to imitate or replicate by competitors. These resources can still provide a sustainable competitive advantage if the firm can maintain its lead over competitors in terms of cost, efficiency, or innovation. Rare resources, on the other hand, are uncommon resources that are controlled by few firms, and nonsubstitutable resources are those that do not have a close substitute and are critical to the success of the firm.

In the Context of Sustainable Competitive Advantage, Unlike Rare Resources