Question: Firm A , B , and C each operate in different industries. Firm A has resources and capabilities that are valuable. However, Firm A '
Firm A B and C each operate in different industries. Firm A has resources and capabilities that are valuable. However, Firm As resources and capabilities are very common among their competitors. Firms B and C both have several unique relative to their competitors and valuable resources and capabilities and are organized to capture value from these resources and capabilities. Firm Bs resources and capabilities are easy for their competitors to imitate. Firm Cs resources and capabilities are socially complex and causally ambiguous. Based on this, which of the following statements is MOST accurate:
Question options:
A Firm A and B could have temporary competitive advantages, while Firm C could have a sustained competitive advantage.
BFirm A B and C are not likely to have a competitive advantage in their industries.
CFirm A is not likely to have a competitive advantage, whereas Firm B could have a temporary competitive advantage and Firm C could have a sustained competitive advantage.
D Firm A B and C all could have temporary competitive advantages.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
