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

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Definitions:

Situational Attribution

The process of explaining an individual's behavior based on external events or situations, rather than on internal personality traits.

Fundamental Attribution Error

The tendency to overemphasize personality traits and underestimate situational factors when explaining someone else's behavior.

Observed Behavior

Refers to actions or reactions of individuals in response to external or internal stimuli, as noted by others or oneself.

Fundamental Attribution Error

The tendency to overemphasize personality-based explanations for behaviors observed in others while underestimating the influence of situational factors.