Question

One of the four components of a sustainable competitive advantage, _____ resource cannot be easily replaced to produce something with a similar value to the consumer.

Answer 1

Answer:

The correct word for the blank space is: non-substitutable.

Explanation:

The four (4) conditions the resources used by companies must meet to achieve a sustainable competitive advantage are:  

• Valuable: help improve the efficiency and effectiveness of firms.
• Rare: uncommon and not of easy access to competitors.
• Imperfectly imitable: complicated to imitate.
• Non-substitutable: difficult to be replaced by customers.