The view in global business which deals with external opportunity threats is also called:
A) Global-business external view
B) Resource-based view
C) Institution-based view
D) Global-business internal view

Question

Quizplus · Accepted Answer

The institution-based view in global business deals with external opportunity threats, including analyzing the institutional environment and regulatory frameworks in different countries. The resource-based view focuses on a firm's internal resources and capabilities, while the global-business internal view looks at a company's internal operations and processes. Therefore, the institution-based view is the best answer. The institution-based view in global business recognizes that external opportunities and threats are shaped by the institutions (e.g. political, legal, and cultural) in the country or region in which the business operates. The resource-based view focuses on internal resources and capabilities, while the global-business internal view is concerned with internal operations and processes. There is no such thing as the "Global-business external view."

The View in Global Business Which Deals with External Opportunity