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Which of the Following Theories for Explaining a Firm's Competitiveness

Question 38

Multiple Choice

Which of the following theories for explaining a firm's competitiveness centers on just one element of business activity: whether it is cheaper for a firm to make or to buy the products that it needs?


A) Resource-based theory
B) Enactment
C) Transaction cost economics
D) Environmental determinism
E) Institutional theory

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