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Apple Has Been Able to Reshape Its Environment by Introducing

Question 7

Multiple Choice

Apple has been able to reshape its environment by introducing products such as the iPhone and the iPad that transcend the traditional boundaries between the cell phone, digital camera, music player, and computer businesses. This is an example of _____ for explaining a firm's competitiveness.


A) resource-based theory
B) enactment
C) transaction cost economics
D) environmental determinism
E) institutional theory

Correct Answer:

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