Question

eith is setting up a new bar in his locality. He knows that there are only a handful of bars in the area where he wishes to conduct business. He locates his bar at one of the four corners at a busy intersection. The other three corners are occupied by a clothing outlet, a restaurant, and a library, respectively. Keith knows that his bar's location gives him a competitive advantage. In the context of the components of resource-based analysis, Keith is able to achieve competitive advantage because his product or service is _____.

Answer 1

rare

Step-by-step explanation:

Since in the question it is mentioned that the three corners are fulled by clothing, outlet, etc also he knows this thing would create the competitive advantage so in order to attain the competitive advantage so the product or service should be rare

So as per the given situation, the above answer should be considered