Characteristics of resources that can help firms create a competitive advantage include all of the following except:
A) Appropriability
B) Governance
C) Rarity
D) Value

Question

Quizplus · Accepted Answer

Governance is not a characteristic of resources that can help firms create a competitive advantage. Appropriability, Rarity, and Value are all important characteristics as they allow firms to possess unique and valuable resources that cannot be easily replicated by competitors. Appropriability ensures that firms can capture the value from their resources, Rarity ensures that these resources are not widely available in the industry, and Value ensures that these resources can provide some benefit to the firm. Governance, on the other hand, refers to the way in which a firm is managed and does not necessarily contribute to creating a competitive advantage.

Characteristics of Resources That Can Help Firms Create a Competitive