Resource based theory and institutional based theory in MNE/IB

Required What is the role played by (i) the Institution-Based Theory (IBT) and (ii) the Resource-Based Theory (RBT) when it comes to MNE’s or IB’s in general “evolution”? You may illustrate your answer by referring to some specific examples What we mean by “evolution” of the MNE or International Business?  Foreign Direct Investment  Offshoring and Outsourcing  Foreign Entry Strategies GENERAL INSTRUCTIONS Is the Essay double-spaced with 2cm margins throughout? Is the Essay presented in a sensible font and font size, e.g. the preferred Times New Roman point 12? Is the Essay within the 2,500 word limit with a sensible stopping point? Is the spelling and typing clear throughout?