With his diamond model, Porter describes the factors that determine the competitive advantage of globally leading industries.
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Q8: Relying on informal connections is a strategy
Q9: The more members a relationship-based exchange network
Q10: Opportunism fosters transaction costs.
Q11: Strategic choices are selected within and constrained
Q12: Formal, market-supporting institutions lower transaction costs and
Q13: Western firms tend to focus on relatively
Q14: Uncertainty involved in transactions of any kind
Q15: Economic crises have always been considered to
Q16: The key role of institutions is increasing
Q18: In Porter's diamond model, factor endowments include
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