The
Question of Value: Does a resource enable a firm to exploit an
environmental opportunity and/or neutralize an environmental threat?
–
Result
of trends in Malaysian parenting styles
poverty, etc.
–
Founding
team and respective networks
The
Question of Rarity: Is a resource currently controlled by only a
small number of competing firms or are the resources used to make the
products/services or the products/services themselves rare?
The
Question of Imitability: Do firms without a resource
face a cost disadvantage in obtaining or developing it?
(Is what a firm is doing difficult to imitate?)
(Is what a firm is doing difficult to imitate?)
The
Question of Organization: Are a firm’s other policies and
procedures organized to support the exploitation of its valuable, rare, and
costly-to-imitate resources?
costly-to-imitate resources?
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