According to Peng et al., the industry-based and resource-based views of strategy are sufficient perspectives for formulating and executing strategies. O True O FalseAccording to Peng et al., while institutions serve many functions, their most fundamental role is to reduce uncertainty and provide meaning. O True O FalseWhen a substitute offers an attractive price-performance trade-aft. the threat of substitutes is likely to he . law (,3 zero (3 if; irrelevant C; high