The RBV theorists say if many firms cannot easily obtain or imitate particular resources then those resources will ensure a competitive advantage.

Question

Quizplus · Accepted Answer

According to the Resource-Based View (RBV) theory, resources that are valuable, rare, inimitable, and non-substitutable (VRIN) can provide a competitive advantage as they are difficult for competitors to obtain or imitate. Therefore, the statement is true.

The RBV Theorists Say If Many Firms Cannot Easily Obtain