The _____ View of Global Business Focuses on Internal Factors

question 61

Multiple Choice

The _____ view of global business focuses on internal factors that can help a firm overcome its external environment.

• A) resource-based 
• B) industry-based 
• C) socio-cultural 
• D) institution-based

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Definitions:

Raise Capital

The act of obtaining funds or resources for business operations, expansion, or investment.

Franchise

A business model where the brand and business system of a franchisor is licensed to a franchisee in exchange for fees or royalties.

Intellectual Property

Creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names, and images used in commerce.

Trademark

A sign, term, or expression that has been legally recognized or accepted through usage, symbolizing a corporation or a product.