Which of the following theories for explaining a firm's competitiveness treats executives as the masters of their domains?
A) Resource-based theory
B) Enactment
C) Transaction cost economics
D) Environmental determinism
E) Institutional theory

Question

Quizplus · Accepted Answer

Enactment theory suggests that executives have the power to shape their environments and are not merely passive recipients of external forces, thus treating them as masters of their domains.

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