According to the resource-based theory, resources that provide a firm a sustained competitive advantage are rare:
A) dynamic, non-substitutable, and available.
B) valuable, non-substitutable, and available.
C) valuable, non-substitutable, and difficult to imitate.
D) valuable, dynamic, and difficult to imitate.
E) dynamic, distinctive, and difficult to imitate.

Question

Quizplus · Accepted Answer

According to the resource-based theory, resources that provide a sustained competitive advantage must be valuable, rare, non-substitutable, and difficult to imitate.

According to the Resource-Based Theory, Resources That Provide a Firm