In order to sustain the competitive power of resources and capabilities they must be
A) continually strengthened and nurtured.
B) broadened and deepened to cover emerging market opportunities.
C) refreshed,modified,or sometimes phased out and replaced in response to ongoing market changes.
D) difficult to imitate.
E) All of these.

Question

Quizplus · Accepted Answer

All of the given options are important in order to sustain the competitive power of resources and capabilities. They must be continually strengthened and nurtured, broadened and deepened to cover emerging market opportunities, refreshed, modified, or sometimes phased out and replaced in response to ongoing market changes, and difficult to imitate. These actions can help a company maintain its competitive advantage and stay ahead of its competitors.

In Order to Sustain the Competitive Power of Resources and Capabilities