Kazmia Revitalization
The leaders of Kazmia, a small nation in the southern hemisphere, have called a meeting to discuss ways to encourage foreign firms to invest in Kazmia. The country was once a leader in diamond mining and exports; however, the diamond mines have been depleted. Meanwhile the standard of living in Kazmia has plummeted to its lowest level, and young people are fleeing the country. Government leaders must devise a plan to reinvigorate the once prosperous nation.
-The first stage of creating a competitive advantage for Kazmia will most likely involve which of the following?
A) developing public works projects
B) redeveloping the country's diamond mines
C) creating a national industrial policy
D) creating a marketing campaign to attract young people back to Kazmia
Correct Answer:
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