Which of the Following Theories for Explaining a Firm's Competitiveness

question 8

Multiple Choice

Which of the following theories for explaining a firm's competitiveness treats executives as the masters of their domains?

• A) Resource-based theory
• B) Enactment
• C) Transaction cost economics
• D) Environmental determinism
• E) Institutional theory

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Definitions:

Overthinking

The process of thinking about something too much or for too long, often leading to unnecessary worry or anxiety.

Social-cognitive

Relating to a theory in psychology that emphasizes the importance of observational learning, self-efficacy, situational influences, and cognitive processes in understanding behavior.

Learned Helplessness

A state where an individual experiences feelings of being powerless, due to a traumatic experience or ongoing inability to achieve success.

Positive Symptom

In psychiatry, an excess or distortion of normal functions, such as hallucinations or delusions, particularly in schizophrenia.