In industries like finance where genuinely unique resources or capabilities are hard to find, imitation is fast and sustainable competitive advantage is hard to achieve.

Question

Quizplus · Accepted Answer

It is true that in industries like finance, where it is difficult to have truly unique resources or capabilities, imitation can be fast and sustainable competitive advantage is hard to achieve. This is because competitors can quickly replicate successful strategies and offerings, making it challenging to maintain a long-term advantage.

In Industries Like Finance Where Genuinely Unique Resources or Capabilities