Describe the Competitive Power of Resource Strength

Describe the Competitive Power of Resource Strength.

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What is the most telling about the company’s strengths is how competitively strong they are in the market-place.

The competitive power of company strength is evaluated by how many of the following four experiments it can pass:

i. Is the resource strength very hard to copy?

ii. Is the resource strength resilient – does it encompass staying power?

iii. Is the resource really competitively bigger?

iv. Can the resource strength be trumped by dissimilar resource strengths and competitive capabilities of rivals?

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