Characteristics of resources that can help firms create a competitive advantage are 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 that can contribute to a firm's competitive advantage. Appropriability refers to the ability of a firm to control or protect its resources from imitation or theft by competitors. Rarity refers to the scarcity of a resource or capability relative to the demand for it in the market. Value refers to the usefulness and importance of a resource or capability in contributing to a firm's performance and strategic goals. Governance, on the other hand, refers to the mechanisms and structures through which a firm is directed and controlled, and is not directly related to the characteristics of resources or capabilities.

Characteristics of Resources That Can Help Firms Create a Competitive