The Industrial Organization,or I/O model,argues that:
A) the characteristics of the general,industry,and competitor environments dictate successful organizational strategy.
B) the firm's internal resources and capabilities represent the foundation for development of a value-creating strategy.
C) internationalization in certain industries will lead to globalization.
D) firms should seek to maximize their returns by organizing their organizational structure in a manner consistent with the most efficient producers in any given industry.

Question

Quizplus · Accepted Answer

The I/O model suggests that a firm's success is largely dependent on the characteristics of the external environment, including the industry and competitors, and that the firm should develop a strategy based on these factors to maximize its returns. The model does not prioritize internal resources and capabilities as strongly as other models, such as the Resource-Based View. It also does not suggest that internationalization will necessarily lead to globalization, or that firms should necessarily structure themselves based on the most efficient producers in an industry.

The Industrial Organization,or I/O Model,argues That