Which of the following theories for explaining a firm's competitiveness contends that organizations are very limited in their ability to adapt to the conditions around them?
A) Resource-based theory
B) Enactment
C) Transaction cost economics
D) Environmental determinism
E) Institutional theory

Question

Quizplus · Accepted Answer

Environmental determinism suggests that a firm's competitiveness is largely determined by external environmental factors, and organizations have limited ability to adapt or change these conditions.

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