To stop rivals acquiring a core resource or capability,
A)firms cannot stop its rivals from doing things they want to.
B)firms need to make that resource or capability immobile.
C)firms must use patents and the full array of legal protections.
D)everyone involved in this activity must be paid higher than the rivals could pay.

Question

Quizplus · Accepted Answer

Making the resource or capability immobile means that it cannot be easily replicated or transferred to a rival, thus decreasing the likelihood of a competitor acquiring it. This could be achieved, for example, through investing in specialized machinery or creating unique processes that are difficult to reproduce. Legal protections like patents can also help prevent rivals from copying key resources or capabilities, but they may not be sufficient on their own. Paying everyone involved more than competitors could offer may not be a sustainable strategy, especially if rivals can still access the same or similar resources elsewhere.

To Stop Rivals Acquiring a Core Resource or Capability