Question

The notion that successful firms tend to be the ones that adapt to influences in their industries is based on

A. industrial organization theory.
B. resource-based theory.
C. contingency theory.
D. none of the above

Answer 1

The notion that successful firms tend to be the ones that adapt to influences in their industries is based on industrial organization theory.

Step-by-step explanation:

The notion that successful firms tend to be the ones that adapt to influences in their industries is based on industrial organization theory. Industrial organization theory focuses on how firms and industries are organized and how they compete in the marketplace. It examines factors such as market structure, competition, and the behavior of firms.