The _____ view of global business focuses on external factors that affect a firm's performance.
A) resource-based
B) asset-based
C) capability-based
D) institution-based

Question

The _____ view of global business focuses on external factors that affect a firm's performance.
A) resource-based 
B) asset-based 
C) capability-based 
D) institution-based

Quizplus · Accepted Answer

The institution-based view of global business focuses on external factors such as legal systems, cultural norms, and political systems that affect a firm's performance in a particular country or region. The resource-based view, on the other hand, focuses on a firm's internal resources and capabilities as sources of sustained competitive advantage. The asset-based and capability-based views are not commonly used frameworks in international business analysis.

The _____ View of Global Business Focuses on External Factors