All of the following are assumptions of the industrial organization (I/O) model EXCEPT
a. organizational decision makers are rational and committed to acting in the firm's best interests.
b. resources to implement strategies are firm-specific and attached to firms over the long-term.
c. the external environment is assumed to impose pressures and constraints that determine the strategies that result in above-average returns.
d. firms in given industries, or given industry segments, are assumed to control similar strategically relevant resources.
Answer: resources to implement strategies are firm-specific and attached to firms over the long-term.