Gene Craft Inc.is the market leader in the pharmaceutical industry.Though most of its resources are common to those of its competitors, a few rare resources have helped the company gain and sustain a competitive advantage.Which of the following assets of Gene Craft Inc.is most likely to be considered a rare resource that is best contributing to its competitive advantage?

Question

Quizplus · Accepted Answer

Gene Craft's chemical patents would be considered a rare resource that is best contributing to its competitive advantage. A resource is rare if only one or a few firms possess it.