All of the following characteristic(s)reflect the uniqueness of a resource including
A) no other competing firms possess the resource.
B) the resource is hard to imitate.
C) the resource adds value.
D) the organization should be able to exploit the resource.
E) All of the answer choices are correct.

Question

Quizplus · Accepted Answer

All of the answer choices are correct in reflecting the uniqueness of a resource. The resource should be rare or inimitable, add value to the organization, and the organization should have the capability to utilize and exploit it. Additionally, if other firms have the same resource, it may not provide a sustainable competitive advantage. Therefore, all of these characteristics are necessary to ensure a resource is truly unique and valuable.

All of the Following Characteristic(s)reflect the Uniqueness of a Resource