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The essence of the ________ explanation to vertical integration is that if a firm possesses valuable, rare, and costly-to-imitate resources in a business activity, it should vertically integrate into that
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The essence of the ________ explanation to vertical integration is that if a firm possesses valuable, rare, and costly-to-imitate resources in a business activity, it should vertically integrate into that activity, otherwise it should not vertically integrate into that activity.

User Fabio Correa
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Answer: The correct answer is "Firm capability"

Explanation: The essence of the firm capability explanation to vertical integration is that if a firm possesses valuable, rare, and costly-to-imitate resources in a business activity, it should vertically integrate into that activity, otherwise it should not vertically integrate into that activity.

User Dylan Parry
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