Questions: The competitive power of a company resource or competitive capability is, in part, determined by whether it has competitive value and is hard for rivals to copy. involves mastery of a competitively important technology. acts to eliminate a company's competitively important weaknesses and deficiencies. involves primary rather than secondary value chain activities. acts to lower the cost of performing value chain activities.

The answer is A: the competitive power of a company resource or competitive capability is, in part, determined by whether it has competitive value and is hard for rivals to copy.

Explanation for each option:

A. The competitive power of a company resource or competitive capability is, in part, determined by whether it has competitive value and is hard for rivals to copy.

• This is correct because a resource or capability that is valuable and difficult for competitors to imitate can provide a sustainable competitive advantage. This aligns with the Resource-Based View (RBV) of the firm, which suggests that unique resources and capabilities are key to maintaining a competitive edge.

B. Involves mastery of a competitively important technology.

• While mastering important technology can be a source of competitive advantage, it is not the only determinant of competitive power. Other factors, such as the ability to leverage the technology effectively and protect it from imitation, are also crucial.

C. Acts to eliminate a company's competitively important weaknesses and deficiencies.

• Addressing weaknesses is important, but it does not directly determine the competitive power of a resource or capability. Competitive power is more about leveraging strengths that are valuable and hard to replicate.

D. Involves primary rather than secondary value chain activities.

• Both primary and secondary (support) activities can contribute to competitive advantage. The distinction between primary and secondary activities does not inherently determine competitive power.

E. Acts to lower the cost of performing value chain activities.

• While cost reduction can enhance competitive power, it is not the sole determinant. A resource or capability must also be valuable and difficult to imitate to sustain a competitive advantage.