An Institution-Based View of Global Business Focuses On

question 8

Multiple Choice

An institution-based view of global business focuses on:

• A) the dynamic interaction between institutions and firms.
• B) why certain industries within a nation are competitive internationally.
• C) expanding the range of acceptable actions that firms can take.
• D) a firm's internal strengths and weaknesses.

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Definitions:

Big Data

Large and complex data sets that traditional data processing applications cannot handle effectively.

Business Models

Frameworks for how a company creates, delivers, and captures value, in economic, social, or other contexts.

Smart Technologies

Integrated systems that utilize machine learning, IoT, and automation to improve efficiency, convenience, and decision-making processes.

Privacy Rights

The rights of individuals to control or influence what information related to them may be collected and used.