Multiple Choice
To be the basis of a firm's superior performance over competitors for an extended period of time,valuable and rare resources need to be:
A) inimitable.
B) fully utilized.
C) patented.
D) shared.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q15: Regarding entry into a new market,which of
Q16: Explain the three major causes of "liabilities
Q17: Explain what constitutes a new entry.
Q18: The entrepreneur's market knowledge is deeper than
Q19: In order to be the basis for
Q21: List the five main first-mover advantages and
Q22: _ are used to protect the owner
Q23: Which of the following is a liability
Q24: An error of omission occurs when an
Q25: Entrepreneurs that delay entry have the advantage