Considering a particular resource is valuable but not rare, which of the following can be said to be true? Answer Options Select any one option Clear Answer It is a source of competitive disadvantage. It is a source of competitive parity. It is a source of temporary competitive advantage. It is a source of sustainable competitive advantage.

1.  For a resource or capability to be competitively superior it;Group of answer choicesshould be easy to copycan be something that rivals also have in plentywill be common and widely availableshould have good substitutes availableshould be competitively valuable

A resource is said to have a comparative advantage if: Group of answer choicesit is better suited to the production of one good than to the production of an alternative good.it is equally suited to the production of all goods.its suitability to the production of one good changes as it produces more of that good.its suitability to the production of one good does not change as it produces more of that good.

All of the following may lead to a competitive advantage except:Group of answer choicesfewer products.superior products.better employees.less expensive suppliers.

A sustainable competitive advantage is gained when a companyMultiple Choicehas sufficient resources to expedite its strategy.has durable competitive assets that are central to its strategy and superior to those of rival firms.realizes its inherent weaknesses are transformable to advantages.can stand out relative to rivals because of resource utilization.has resources in well-populated geographical locations.

Which of the following is an unfair competitive advantage?Group of answer choicesbrand nameaccess to global marketslower product pricessuperior technology