Question: If a resource or capability is Valuable and Rare, but easily imitated, the company will have a temporary competitive advantage Select one: True False

If a resource or capability is Valuable and Rare, but easily imitated, the company will have a temporary competitive advantage
Select one:
True
False
If a resource or capability is Valuable and Rare, but easily

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

What can we infer about the relationship between financial leverage and risk based on Jenny's scenario? Higher financial leverage always leads to lower risk There is no relationship between financial...

Q:

The I/O approach to competitive advantage advocates that internal factors are more important than external factors in a firm achieving competitive advantage Select one: True False Regardless of the...

Q:

An external audit focuses on identifying and evaluating trends and events within the control of management. Select one: True False 2-The process of performing an internal audit, compared to the...

Q:

Q2 . The building blocks of competitive advantage are superior efficiency, quality, innovation and customer responsiveness. Select one: True False Q3 . If a company's profitability is higher than the...

Q:

Q2. Organisations should keep in mind that savings in purchasing costs are relatively easier in increasing profits than increasing sales to increase profits. Select one: True False Q3 Probably the...

Q:

Applying the VRIO Framework if a resource or capability controlled by a firm is not valuable, it will not enable a firm to choose or implement strategies that exploit environmental opportunities or...

Q:

Applying the VRIO Framework if a resource or capability controlled by a firm is not valuable, it will not enable a firm to choose or implement strategies that exploit environmental opportunities or...

Q:

Applying the VRIO Framework if a resource or capability controlled by a firm is not valuable, it will not enable a firm to choose or implement strategies that exploit environmental opportunities or...

Q:

Question 1 1 pts The Porter s Five Forces Model helps us understand industry dynamics. Group of answer choices True False Flag question: Question 2 Question 2 1 pts Assume that Tesla is in the...

Q:

Question 1 1 pts The Porter s Five Forces Model helps us understand industry dynamics. Group of answer choices True False Flag question: Question 2 Question 2 1 pts Assume that Tesla is in the...

Q:

Question 1 1 pts The Porter s Five Forces Model helps us understand industry dynamics. Group of answer choices True False Flag question: Question 2 Question 2 1 pts Assume that Tesla is in the...

Q:

A platform, having an unknown mass, is supported by four springs, each having the same stiffness k. When nothing is on the platform, the period of vertical vibration is measured as 2.35 s; whereas if...

Q:

If firms can easily enter and exit a market, then A. firms will produce at minimum average cost in the short run. B firms will produce where price is greater than marginal revenue. C. firms will...

Q:

RK wants to determine the RK Industries has 50 million shares outstanding and a market capitalization of $1.25 billion. It also has $750 million in debt outstanding. RK Industries has decided to...

Q:

Bob Jensen Inc. purchased a $550,000 machine to manufacture specialty taps for electrical equipment. Jensen expects to sell all it can manufacture in the next 10 years. To encourage capital...