Resource or capability is for competitors

Assignment Help Business Management
Reference no: EM131213733

The more difficult and costly a resource or capability is for competitors to imitate, the more likely that is can provide a sustainable competitive advantage. Resources are difficult to copy when they are unique. For instance, an amazing real-estate location, a patent-protected technology, or uniquely talented workforce. Even resources and capabilities that are valuable, rare, and hard to imitate can lose their competitive power if rivals have other types of resources of equal or greater value competitively. The resource should also be invulnerable to the threat of substitution to sustain a competitive advantage (Thompson et al., 2012).

Can you think of any firms that have resources or capabilities that are hard to imitate?

Reference no: EM131213733

Questions Cloud

Cost formula relevant for range 15000 to 25000 machine : Flexible Budget 25% Cost Formula to calculate Manufacturing Overhead Emory Company as follow. Cost Formula relevant for range 15,000 to 25,000 machine hours annually. Make flexible budget for increment 5,000 machine hours. Calculate all expenses into..
Facilitation of registration at the venue : Outline the procedures you would establish to ensure swift facilitation of registration at the venue
Key to organizational excellence : In two paragraphs, explain why communication is considered to be the key to organizational excellence and how it has become more complex over the years. Your answer must present a clear statement of position that is supported with evidence.
Cheapest prices and a great lost cost provider : We always think that Walmart has the cheapest prices and a great lost cost provider strategy but they may be losing their edge. But couldn't someone like Amazon provide cheaper prices.
Resource or capability is for competitors : The more difficult and costly a resource or capability is for competitors to imitate, the more likely that is can provide a sustainable competitive advantage. Resources are difficult to copy when they are unique.
How could each of the given reforms reduce frequency crises : How could each of the following reforms reduce the frequency of financial crises? - Quick release of detailed, accurate information on the debt and official reserves of most developing countries.
What benefits would interview technique offer them : a. What benefits would interview technique offer them? b. What limitations of focus group method should they keep in mind should they decide to use it. How to discribe the answer?
Disadvantages of downward communication organization : What disadvantages of downward communication the organization must have faced and what advantages of lateral communication may be offered due to the change?
Do you have a defined defect handling process : In your project, do you have a defined defect handling process? If so, describe the process and compare it with the generic description in this chapter. If not, can you design one?

Reviews

Write a Review

Business Management Questions & Answers

  Primary and secondary storage

Explain the difference between primary and secondary storage.

  Determine the best method for a research project

Explain how to determine the best method for a research project.

  Define and describe the difference using examples

do we mean instead convincing our audience by taking a reasonable stance on an issue and supporting our position with appropriate evidence? Define and explain the difference using examples.

  Discretionary fiscal policy and automatic fiscal policy

1. Distinguish between Discretionary Fiscal Policy and Automatic Fiscal Policy and give an example of each. 2. Is current Discretionary Fiscal Policy Expansionary or Contractionary; provide your proof.

  Speculation on outsourcing and off shoring opportunities

Speculation on outsourcing is delegating or shifting a part or all of the company's daily operation or business process to an external business provider.

  Compare and contrast dna and rna

Compare and contrast DNA and RNA. Discuss why humans did not evolve with one central repository of DNA, but rather it is replicated throughout the body?

  Illustrate what would you do to minimize the above noted

Illustrate what would you do to minimize the above noted fluctuation in prices? And finally, would you counter trade as a means of getting paid? Check out illustrate what counter trade means.

  What are features define a moral right?

What are features define a moral right?

  What do you mean by business environment

Q1. - What do you mean by business environment? Explain any four characteristics of it. Q2. - Discuss any five points of the importance of Business Environment.

  Repair of a simple-intermediate and complex laceration

Repair of a simple, intermediate, and complex laceration. Found in the Integumentary System in the Surgery section. The definitions for a fracture repair (there are three) and how they apply to orthopedic procedures. Found in the Musculoskeletal sys..

  Understand the culture of an organization

It is important to understand the culture of an organization when making decisions? If you are new to a company, or even a department within a company, how do find out what the "culture" is regarding decision-making?

  What are the fundamental concepts shared by ideo

What are the fundamental concepts shared by IDEO

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd