Question: Whether a resource or capability can support a competitive advantage is determined by which two tests? Group of answer choices Whether the resource or capability

Whether a resource or capability can support a competitive advantage is determined by which two tests?
Group of answer choices
Whether the resource or capability is competitively valuable and/or is something that rivals lack.
Whether the resource or capability is rare and/or is hard to copy.
Whether the resource or capability can be trumped and/or is hard to copy.
Whether the resource or capability is competitively valuable and/or are there good substitutes available for the resource.
Whether the resource or capability is hard to copy and/or can be trumped by different types of resources and capabilities.

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!