Question

The resource-based view of global business differs from the institution-based view of global business in that the resource-based view _____.

Answer 1

Answer:

Focuses on the internal strenghts of the firm

Explanation:

To understand difference, it is better to start with definicions of each of the concepts.

So, Resource based view focuses on firms's internal resources and capabilities and Institution based view suggests that the success and failure of firms are affected by institutions, such as regulations, laws, ethics, cultures and norms