The Text Points Out That from a Resource-Based View, You

question 37

Essay

The text points out that from a resource-based view, you and your firm need to develop overwhelming capabilities to offset the liability of foreignness. However, how does a small firm do that?

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Definitions:

Extrinsic Motivation

Extrinsic motivation is driven by external rewards such as money, fame, grades, or praise, influencing an individual's behavior towards achieving a goal.

External Reward

A reward that comes from outside an individual, such as money, praise, or awards, used to motivate behavior.

Activity Pursuit

The involvement and engagement in tasks or activities that are aimed at achieving specific goals or fulfilling interests.

Intrinsic Motivation

The drive to perform an activity for its inherent satisfaction rather than for some separable consequence.