Question: Please select the correct terms from those listed below to fill the blanks in each of the statements that follow the terms. (Note, you will
Please select the correct terms from those listed below to fill the blanks in each of the statements that follow the terms. (Note, you will need to use some of the terms several times)
Term:
Rare
Valuable
Organizational
Costly to Imitate
Human
Organized to exploit
Sustained competitive advantage
Temporary competitive advantage
Physical
Competitive parity
If a winery possesses a unique plot of land with a unique microclimate and soil properties that allow growing grapes that produce wines with great appeal to customers, than the plot of land is a (n)---------------- resource that can definitely be identified as being---------- and ---------.
If it is also know that this same winery has processes, pay policies, and an internal reporting structure to capitalize on its unique plot of land, than the winery can also be identified as valuable ---------- the plot of land.
If both of the two previous statements are true, than it could be said with certainty that the winery's unique plot of the land could at best provide ---------------.
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