The ____-based view suggests that the formal and informal rules of the game, known as institutions, shed a great deal of light on what is behind firm performance around the globe.
A) Resource
B) Asset
C) Capability
D) Institution

Question

Quizplus · Accepted Answer

The question specifically mentions "formal and informal rules of the game, known as institutions," which indicates that the answer is likely about institutions. Option D is the only choice that directly refers to institutions. Options A, B, and C are all important concepts in strategic management but are not as relevant to the specific terminology used in the question. The question specifically mentions "formal and informal rules of the game" which refers to institutions. Therefore, the answer is D) Institution-based view. Choice A) Resource-based view focuses on a firm's internal resources, while Choice B) Asset-based view and Choice C) Capability-based view both focus on a firm's specific strengths or advantages.

The ____-Based View Suggests That the Formal and Informal Rules