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What is one of the core propositions underpinning an institutions-based view of global business? a. Governments...

What is one of the core propositions underpinning an institutions-based view of global business? a. Governments should provide tariff protection b. A political system should establish controls of the financial sector c. Managers and corporations make rational decisions within their formal and informal framework d. Investment in infrastructure provides a multiplier effect in a developing economy.

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Answer #1

What is one of the core propositions underpinning an institutions-based view of global business

Option C ;- Managers and corporations make rational decisions within their formal and informal framework

  • There are two core propositions
  1. When the formal institution is failed, then The exchange relations are managed by informal framework.
  2. The managers and firms act rationally within their formal and informal decisions.

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