Which of the Following Is Most True Regarding the Strategic

question 21

Multiple Choice

Which of the following is most true regarding the strategic value of institutional logics?

• A)When institutional logics are stable,they have the most strategic importance
• B)Institutional logics are coveted by firms (not taken for granted)
• C)If firms share an institutional logic,the logic provides a basis for relative advantage among firms
• D)Institutional logics are valuable because they raise the costs for firms adapting to their environments
• E)Competitive advantage must come on some other dimension than institutional logic if firms share that institutional logic

---

Definitions:

Unsubscribed Portion

The part of a new security issue that is not sold or not taken up by investors during an offering period.

Standby Underwriting Agreement

This is a commitment by an underwriter to purchase any unsold shares in a public offering, ensuring the issuing company raises the full amount of capital sought.

Lockup Agreement

A contractual clause preventing company insiders, such as employees and investors, from selling their shares for a certain period following an initial public offering (IPO).

Underwriting Contract

An agreement between an underwriter and an issuer of securities, in which the underwriter agrees to buy and subsequently resell the issue of securities.