Organizations require resources to undertake a strategy and these can include physical, human, financial and intangible...

Organizations require resources to undertake a strategy and these can include physical, human, financial and intangible resources. However, alone they will not ensure Organizational success. For that, resources must be combined together to create competences.

The competences which form the basis of competitive advantage are things that an Organization is able to do and are very difficult for competitors to copy.

Which of the following describes this?