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spruckj spruckj
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3 years ago
The following diagram shows 'Porter's diamond', which shows four key determinants of a nation's competitive advantage.

What are these four determinants, shown by cells A, B, C and D?

▸ Government policy; exchange rates; climate; language.

▸ Firms' strategy, structure and rivalry; available resources; home demand; related and supporting industries.

▸ Home demand; related and supporting industries; government policy; exchange rates.

▸ Government strategy; firms' strategy; strategic rivalry; strategic location in international trade.
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Essential Economics for Business

Essential Economics for Business


Edition: 5th
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jzhu11jzhu11
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3 years ago
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