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

question 66

Multiple Choice

Which of the following theories for explaining a firm's competitiveness centers on the extent to which firms copy each other's strategies?

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

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Definitions:

Physiological Effects

The changes or responses within the body resulting from external or internal stimuli, affecting its normal physical functions.

Emotions

are complex psychological states that involve a subjective experience, a physiological response, and a behavioral or expressive response.

Personal Space

An individual's physical area surrounding them in which encroachment can feel uncomfortable or threatening.

Kinesis

A movement or activity of a cell or an organism in response to a stimulus, without direction toward or away from the source.