To be the basis of a firm's superior performance over competitors for an extended period of time,valuable and rare resources need to be:
A) inimitable.
B) fully utilized.
C) patented.
D) shared.

Question

To be the basis of a firm's superior performance over competitors for an extended period of time,valuable and rare resources need to be: 
A) inimitable.
B) fully utilized.
C) patented.
D) shared.

Quizplus · Accepted Answer

For valuable and rare resources to provide a sustainable competitive advantage, they need to be difficult to imitate or replicate by competitors. This makes option A the best choice. Fully utilizing the resources, patenting them or sharing them does not necessarily make them difficult for competitors to imitate.

To Be the Basis of a Firm's Superior Performance Over