Figure 7-2

-According to Michael Porter's diamond in Figure 7-2, quadrant "D" represents
A)related and supporting industries.
B)managerial conditions.
C)demand conditions.
D)factor conditions.

Question

Figure 7-2
 
-According to Michael Porter's diamond in Figure 7-2, quadrant "D" represents
A)related and supporting industries. 
B)managerial conditions. 
C)demand conditions. 
D)factor conditions.

Quizplus · Accepted Answer

Quadrant "D" in Michael Porter's Diamond model represents "Related and Supporting Industries." This component of the model emphasizes the importance of domestic suppliers and related industries that are internationally competitive, which can spur innovation and provide cost-effective inputs, thereby enhancing the global competitiveness of firms.

Figure 7-2 -According to Michael Porter's Diamond in Figure 7-2, Quadrant "D