According to Michael Porter's research on the competitive advantage of nations,Switzerland's large synthetic dye industry and the success of the Swiss pharmaceuticals can be explained in terms of:
A)factor conditions.
B)demand conditions.
C)strategy,structure,and rivalry.
D)related and supporting industries.
E)formation of the European Union.

Question

Quizplus · Accepted Answer

Switzerland's success in the synthetic dye and pharmaceuticals industries can be attributed to related and supporting industries, which provide a strong network and infrastructure that fosters innovation and competitiveness.

According to Michael Porter's Research on the Competitive Advantage of Nations,Switzerland's