Question

The resource-based model of the firm argues that: a. All resources have the potential to be the basis of sustained competitive advantage. B. Resources are not a source of potential competitive advantage. C. The key to competitive success is the structure of the industry in which the firm competes. D. Resources that are valuable, rare, costly to imitate, and non-substitutable form the basis of a firm's core competencies.

Answer 1

Answer:

A sustained or sustainable competitive advantage requires that:

a. the value creating strategy be in a formulation stage.

b. competitors be simultaneously implementing the strategy.

c. other companies not be able to duplicate the strategy.

d. average returns be earned by the company.

Answer: c. other companies not be able to duplicate the strategy.

Explanation: