Which of the following is scarcer in nature, requires sustained investment, and leads to sustainable international competitive advantage?
A) advanced factors
B) basic factors
C) human resources
D) physical resources

Question

Quizplus · Accepted Answer

Advanced factors include knowledge, technology, and innovation, which are scarce in nature and require sustained investment to maintain a competitive advantage. Basic factors, such as physical resources, are more widely available and easier to replicate. Human resources are important, but they may not necessarily lead to sustainable competitive advantage as they can be trained or lured away by competitors.

Which of the Following Is Scarcer in Nature, Requires Sustained