Question

Many telecom firms began digging up the ground and laying webs of fiberglass to meet the growing demand for Internet connectivity. 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:

Answer 1

Answer:

A.

Explanation:

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.