Answer :
If a resource or capability is valuable and scarce, but not prohibitively expensive to copy, utilising it will provide a corporation with a long-term competitive advantage.
What makes a resource difficult to replicate?
Certain resources may and are protected by different legal measures, such as trademarks, patents, and copyrights, making it difficult for competitors to reproduce them. Other resources are difficult to replicate since they grow over time and represent unique elements of the company.
If it is difficult for another business to acquire or replace anything else in its place, a resource is inimitable and non-substitutable. A valued and scarce resource or capability will provide a competitive advantage as long as competing enterprises do not acquire it later.
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