The Resource-Based View Differs from the Institution-Based View in That

question 61

Multiple Choice

The resource-based view differs from the institution-based view in that the resource-based view focuses on a firm's _____.

• A) external threats and opportunities 
• B) internal strengths and weaknesses 
• C) external strengths and opportunities 
• D) internal threats and weaknesses

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Definitions:

National

Relating to or characteristic of a nation; typically referring to matters that affect a country as a whole.

State Governments

The governmental authorities of individual states within a federal system, responsible for local governance and exercising certain powers independently from the federal government.

Federalism

A system of government in which power is divided between a central authority and constituent political units.

State Traditions

The historical and cultural practices, norms, and values that are recognized and followed within a specific state.