A firm makes prior investments over time in resources that compliment a given resource, creating a competitive advantage. Which of the following best describes the imitibility of that resource? Easy to imitate because of perfectly rational decision making. Easy to imitate because of diseconomies of scale. Difficult to imitate because the sources of advantage are fairly well understood by competitors. Difficult to imitate because there is a path dependent relationship underlying the advantage.
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A firm makes prior investments over time in resources that compliment.docx
1. A firm makes prior investments over time in resources that compliment a given resource,
creating a competitive advantage. Which of the following best describes the imitibility of that
resource? Easy to imitate because of perfectly rational decision making. Easy to imitate because
of diseconomies of scale. Difficult to imitate because the sources of advantage are fairly well
understood by competitors. Difficult to imitate because there is a path dependent relationship
underlying the advantage.
