The _____ View Suggests That the Success and Failure of Firms

question 17

Multiple Choice

The _____ view suggests that the success and failure of firms are largely determined by their environments.

• A) institution-based 
• B) stakeholder-based 
• C) resource-based 
• D) capability-based

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Definitions:

Extinction

Extinction refers to the process in behavioral psychology where a conditioned response decreases in frequency and eventually disappears when the reinforcement stops.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers an unconditioned response without any learning needed.

Fear Reaction

The immediate response to a perceived threat, involving physiological changes that prepare the body to either fight or flee.

Stimulus Generalisation

The process by which a conditioned response (CR) starts occurring in response to stimuli that are similar, but not identical, to the original conditioned stimulus (CS).