Question

In order to be the basis for a firm's superior performance, a bundle of resources must be valuable, rare, and imitable.

True
False

Answer 1

The statement is: False.

Step-by-step explanation:

A bundle of resources has three characteristics: valuable (the resource helps the company to pursue its objectives and is priceless for consumers), rare (limited competition), and inimitable (resource is not easy to reproduce by the firm's closest competitors or imitating it is expensive).

Being imitable is the opposite of what a bundle of resources should be.