Many telecom firms began digging up the ground and laying webs of fiberglass to meet the growing demand for Internet connectivit
y. However, rivals and startups began to imitate these firms and soon these new assets were not so rare and each day they seemed to be less valuable. It can be inferred from this example that:
Based on the scenario being described within the question it can be said that from this example it can be inferred that resource-based thinking can help avoid the trap of carelessly entering markets simply because growth is spotted. Meaning that if a company focuses more on analyzing the specific resource that is hard to obtain and will ultimately place them in a competitive advantage it will prevent them from entering a trap like the one in this scenario which will ultimately cause a scarce resource to become abundant and ultimately worth less.
wearing a suit to a job interview: ethical wearing an expensive suit to impress others not ethical, wearing your best dress suit to a formal banquet ethical wearing a law enforcement uniform to gain respect not ethical, finally wearing a certain type of style clothes to fit in with the desired crowd not ethical hope this helps good luck!
