The criterion of inimitability is satisfied if competitors cannot readily acquire the valuable and rare resource.

Name: The criterion of inimitability is satisfied if competitors cannot readily acquire the valuable and rare resource.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

The criterion of inimitability is satisfied when a company possesses a valuable and rare resource that is difficult for competitors to obtain or replicate. Therefore, if competitors cannot readily acquire the resource, the criterion is met, and the answer is true.

The Criterion of Inimitability Is Satisfied If Competitors Cannot Readily