The resource-based view suggests that a resource is more valuable when it is _____.
A)complex
B)technologically advanced
C)socially complex
D)rare
E)simple

Question

Quizplus · Accepted Answer

The resource-based view suggests that a resource is more valuable when it is rare, meaning less common in the industry or market. This rarity gives a firm a competitive advantage, making it difficult for other firms to replicate or imitate. Therefore, a rare resource is considered more valuable than a common resource.

The Resource-Based View Suggests That a Resource Is More Valuable