General Studies · Resource-Based View
Assertion (A): Firms achieve sustained competitive advantage through unique resources. Reason (R): Resources that are valuable, rare, inimitable, and non-substitutable contribute to long-term advantage.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both A and R are true, but R is not the correct explanation of A
- 2Both A and R are true, and R is the correct explanation of A✓
- 3A is false, but R is true
- 4A is true, but R is false
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Both A and R are true, and R is the correct explanation of A
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