How to resolve “'installutil' is not recognized as an internal or external command, operable program or batch file.”?

Question

Just tried to run an application via the following:

I have browsed to

Answer 1

Add this in windows Environmental variables
First: Right click on My computer or This PC
Second: Click on Environmental Variables
Third: add this path after clicking on path
C:\Windows\Microsoft.NET\Framework\v4.0.30319\installutil.exe