Porter, in his diamond model, suggested that there is a strong association between ________ and the creation and persistence of competitive advantage in an industry.
A) trade barriers
B) vigorous domestic rivalry
C) purchasing power parity
D) the availability of a captive market
E) first-mover advantages

Question

Quizplus · Accepted Answer

Porter's diamond model emphasizes that vigorous domestic rivalry is crucial for the creation and persistence of competitive advantage, as it drives firms to innovate and improve.

Porter, in His Diamond Model, Suggested That There Is a Strong