Inimitable: It can be considered as being inimitable as a number of organizations have been putting in efforts for the recreation of system. However, it is important to note that none of these attempts have succeeded in bringing the similar level of efficiency.
Organization: This can be agreed to as the organization of Toyota has been successfully utilizing this particular system almost since the years of 1960s and have been initiating perfection with the passage of time.
Implication of competition: This contributes in creating a competitive advantage with sustainability.
The Strategy of Time- Based Competition: Those processes that have an inclusion of both, reduced time of cycle and reduced amounts of costs, while there is an increase in the amount of profits and there is acceleration of growth(Maynard2010).
Valuable: This can be agreed as TBC contributes in the creation of increased differentiation of value, increase in the level of flexibility and variety, and increase in the strength of relationships being maintained with the base of customers.
Rare: This point cannot be agreed to as this system is being used by other organizations as well. However, Toyota along with a number of organizations based in Asia was known to be one of the ones for the utilization (Ando2005).
Inimitable: This point cannot be agreed to as a number of other organizations like Dell and Wal-Mart utilize the strategy of consumption based on time for improving their leading share in the market with respect to their own industries.
Organization: This point can be agreed to as there has been adoption of strategy by the organization and has availed significantly high level of success.
Implications of the competition: This contributes in creating the competitive parity.