The existence of a competitive advantage through resources and competencies is linked to:
A)The ratio between the value and the cost of these resources and competencies
B)The scarcity and relevance of these resources and more importantly that of their derived competences
C)The durability and transferability of these resources and competencies
D)The difficulty of acquiring these resources and competencies externally or building them in-house

Question

Quizplus · Accepted Answer

Competitive advantage is often linked to the scarcity and relevance of resources and competencies, as these factors make them valuable and difficult for competitors to replicate.

The Existence of a Competitive Advantage Through Resources and Competencies