The Institution-Based View of Global Business Focuses on the Dynamic

question 33

Multiple Choice

The institution-based view of global business focuses on the dynamic interaction among:

• A) Institutions
• B) Firms
• C) Firm behaviors
• D) All of these answers

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Definitions:

Norms

Implicit rules and expectations that guide behavior of group members, helping to shape attitudes and actions within a social context.

Informal Rules

Unwritten guidelines or norms governing behavior within a group or organization, which can influence actions and decisions alongside formal regulations.

Volume

The degree of sound intensity or loudness, often measured in decibels.

Intonation

The variation of pitch in speaking, which can affect the meaning of words and sentences.