Question at position 27 Firm X possesses valuable resources that are neither rare nor costly to imitate. What is the most likely outcome for Firm X?sustained competitive advantagecompetitive paritycompetitive disadvantagetemporary advantage单项选择题
A
sustained competitive advantage
B
competitive parity
C
competitive disadvantage
D
temporary advantage

Question

Question at position 27 Firm X possesses valuable resources that are neither rare nor costly to imitate. What is the most likely outcome for Firm X?sustained competitive advantagecompetitive paritycompetitive disadvantagetemporary advantage单项选择题

A

sustained competitive advantage

B

competitive parity

C

competitive disadvantage

D

temporary advantage

BlackTom AI · Accepted Answer

Because the resource is valuable but is neither rare nor costly to imitate, Firm X will attain competitive parity.

1) Relevant concepts: Use the resource-based view (RBV) and VRIO/VRIN framework. For a resource to generate a sustained competitive advantage it must be (V) valuable, (R) rare, (I) costly to imitate (and often (O) organized to capture value). If a resource lacks one or more of these attributes, different outcomes follow: competitive parity (many firms have it), temporary competitive advantage (rare but easily imitated), or competitive disadvantage (not valuable).

2) Step-by-step reasoning:
- Determine value: The question states the firm “possesses valuable resources,” so the V criterion is met.
- Determine rarity: The resources are “neither rare,” so R is not met — rivals also possess the resource.
- Determine imitability: The resources are “neither costly to imitate,” so I is not met — rivals can easily copy or acquire them.
- Apply the framework: With V = yes, R = no, I = no, the resource creates no barrier to competitors and no long-term differentiation.

3) Intermediate logical steps:
- Because R = no, other firms can also hold the resource.
- Because I = no, even if a firm momentarily used it better, rivals can quickly replicate best practices or obtain the same asset.
- Therefore no sustained or even temporary exclusive benefit will persist beyond immediate operations; the market settles where multiple firms operate with similar capability.

4) Why the correct answer is correct: Competitive parity means firms perform similarly because key resources are widely available and easily replicated. A resource that is valuable but common and easily duplicated leads directly to parity in competitive performance.

5) Why other options are incorrect:
- Sustained competitive advantage is incorrect because it requires rarity and inimitability, which are absent.
- Competitive disadvantage is incorrect because the resource is valuable (so it does not hurt performance).
- Temporary advantage is incorrect because that requires the resource to be rare (even if imitable); here the resource is not rare.

Conclusion: The correct outcome is competitive parity, matching the provided answer.

Question at position 27 Firm X possesses valuable resources that are neither rare nor costly to imitate. What is the most likely outcome for Firm X?sustained competitive advantagecompetitive paritycompetitive disadvantagetemporary advantage单项选择题

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Question at position 27 Firm X possesses valuable resources that are neither rare nor costly to imitate. What is the most likely outcome for Firm X?sustained competitive advantagecompetitive paritycompetitive disadvantagetemporary advantage单项选择题

类似问题

Over time, a resource of the Fast & Furious movies included off screen drama. This resource is: Access PDF Here: Click to open: Download Fast & Furious & Way Less Expensive. A Star Film Franchise Gets a Reality Check. - WSJ.pdf Manage Alternates

Over time, the resources of the Fast & Furious movies changed to include __________, which are ____________. Access PDF Here: Click to open: Download Fast & Furious & Way Less Expensive. A Star Film Franchise Gets a Reality Check. - WSJ.pdf Manage Alternates

Competitive parity exists when a resource is:

A firm’s resource is rare because demand for it is low. Which conclusion best reflects RBV logic?

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更多留学生实用工具

希望你的学习变得更简单

Over time, the resources of the Fast & Furious movies changed to include , which are __. Access PDF Here: Click to open: Download Fast & Furious & Way Less Expensive. A Star Film Franchise Gets a Reality Check. - WSJ.pdf Manage Alternates