Business, 24.06.2020 05:01 hannah5143

Porter theorizes that before attributes in his Diamond model May promote or impede the creation of competitive Advantage Factor endowments are a Nations position in factors of production such as skilled labor or infrastructure necessary to compete in a given industry the man conditions are nature of Home demand for the industries product or service related and supporting Industries are the presence or absence of supplier Industries in related industries that are internationally competitive firm strategy structure and rivalry. Are the conditions governing how companies are created organized and managed in the nature of domestic rivalry. for each example select the most appropriate attributes of national competitive Advantage from Porter's Theory 1. different management ideologies can help or harm building National competitive Advantage strong associate with Persistence of competitive advantage 2. basic ones are natural resources climate location and demographics 3. Advanced ones include communication infrastructure skilled labor force and research facilities 4. the presence of these ancillary companies often suppliers can help achieve strong competitive positions through their strength within the same industry 5. these can help companies create a competitive Advantage when knowledgeable domestic buyers pressure firms to innovate and create more advanced products

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