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1. According to Barney, first mover advantages are an exception to the argument that a sustainable competitive advantage must derive from heterogenous resources. True or

1. According to Barney, "first mover advantages" are an exception to the argument that a sustainable competitive advantagemust derive from heterogenous resources.

True or False

2. A sustainable competitive advantage is one that will last forever.

True or False

3. Value and rarity are sufficient for a resource to lead to a sustainable competitive advantage.

True or False

4. A firm can expect to obtain a sustainable competitive advantage by purchasing resources on a factor market.

True or False

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