Whether a resource or capability can support a competitive advantage is determined by which two components of the four tests of competitive power analysis?
A) Whether the resource or capability is competitively valuable and/or is something that rivals lack
B) Whether the resource or capability is rare and/or is hard to copy
C) Whether the resource or capability can be trumped and/or is hard to copy
D) Whether the resource or capability is competitively valuable and/or there are good substitutes available for the resource
E) Whether the resource or capability is hard to copy and/or can be trumped by different types of resources and capabilities

Question

Quizplus · Accepted Answer

The two components of competitive power analysis that determine whether a resource or capability can support a competitive advantage are whether it is competitively valuable (meaning it helps a company compete in the market) and whether it is something that rivals lack. These two factors are key in determining the resource's potential to provide a sustainable advantage.

Whether a Resource or Capability Can Support a Competitive Advantage