General Studies · Resource-Based View (RBV)
Assertion (A): The Resource-Based View (RBV) posits that firm resources must be inimitable to provide sustained advantage. Reason (R): Competitive advantage erodes if rivals can easily replicate key resources. Read both statements and select the correct option:
- 1Both (A) and (R) are true and (R) is the correct explanation of (A)✓
- 2Both (A) and (R) are true but (R) is not the correct explanation of (A)
- 3(A) is true, but (R) is false
- 4(A) is false, but (R) is true
Correct answer
Both (A) and (R) are true and (R) is the correct explanation of (A)
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