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

---

Definitions:

Preventive Maintenance

A maintenance strategy aimed at preventing machinery, equipment, and systems failures by performing regular, planned maintenance tasks.

Breakdowns

Failures or malfunctions in machinery, processes, or systems that interrupt normal operations.

Maintenance Cost

Expenses associated with the upkeep and repair of equipment or facilities to ensure they are functional and efficient.