Which View of Strategy Focuses on How Individual Firms Differ

question 86

Multiple Choice

Which view of strategy focuses on how individual firms differ from each other in one industry?

• A)​Industry-based view.
• B)​Resource-based view.
• C) ​Organizational-based view.
• D) ​Institution-based view.

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Definitions:

Conflict Theory

A sociological perspective that views social life as a competition, with social order maintained by domination and power, rather than consensus.

Contemporary Event

An occurrence, issue, or trend that is happening in the present or recently took place.

Functionalist Approaches

theoretical perspectives that view society as a complex system whose parts work together to promote solidarity and stability.

Conflict

A struggle or clash between opposing forces or ideas, ranging from individual disagreements to widescale wars, stemming from differences in interests, beliefs, or values.