The resource-based view of global business differs from the institution-based view of global business in that the resource-based view _____.
A) postulates the ideology of localization
B) supports the ideology of total globalization
C) focuses on the internal strengths on the firm
D) advocates adopting a single method for achieving globalization

Question

The resource-based view of global business differs from the institution-based view of global business in that the resource-based view _____.
A) postulates the ideology of localization 
B) supports the ideology of total globalization 
C) focuses on the internal strengths on the firm 
D) advocates adopting a single method for achieving globalization

Quizplus · Accepted Answer

The resource-based view of global business emphasizes that the internal strengths of a firm, such as its resources and capabilities, are the primary drivers of success and competitive advantage in the global marketplace. This approach focuses on how a company can leverage its unique resources to gain a competitive edge, rather than advocating for a single method or ideology for achieving globalization. In contrast, the institution-based view places greater importance on external factors and local market conditions, and may advocate for localization or total globalization depending on the specific context.

The Resource-Based View of Global Business Differs from the Institution-Based