Due to resource immobility, a critical assumption in the resource-based model of a firm, the
A) competitive advantage of a firm exists for a short period of time.
B) resource bundles of a firm can be easily imitated by competitors.
C) resource differences between firms last for a long time.
D) competencies and capabilities of all firms in an industry are similar.

Question

Quizplus · Accepted Answer

Due to resource immobility, a critical assumption in the resource-based model of a firm, the resource differences between firms last for a long time. Because of resource immobility, the resource differences that exist between firms are difficult to replicate and, therefore, can last for a long time.

Due to Resource Immobility, a Critical Assumption in the Resource-Based