A resource or capability that has led to sustainable competitive advantage for a firm has the following characteristic(s):
A)It is hard to imitate
B)Managers are aware of and taking advantage of the potential of the resource or capability
C)It is unique
D)It is valuable
E)All of the above

Question

Quizplus · Accepted Answer

All of the listed characteristics contribute to creating sustainable competitive advantage for a firm. It is important that the resource or capability is unique and valuable to the firm, as well as difficult for competitors to imitate. Additionally, it is essential that managers are aware of and are utilizing the potential of the resource or capability to maintain its advantage.

A Resource or Capability That Has Led to Sustainable Competitive