Components of sustainable competitive advantage. Firms can use their resources to create and sustain a competitive advantage,
Question:
Components of sustainable competitive advantage. Firms can use their resources to create and sustain a competitive advantage, that is, to provide greater value for customers than competitors can. A competitive advantage becomes sustainable when other companies cannot duplicate the benefits it provides. Four conditions must be met if a firm's resources are to be used to achieve a sustainable competitive advantage. The resources must be valuable, rare, imperfectly imitable (so that competitors may not be able to imitate them), and nonsubstitutable (so that imperfectly imitable resources may not be substituted with another type of resource that this different but may yield identical outcomes for consumers). List the source(s) of Target's sustainable competitive advantage. Justify your response.