Porter's national diamond can be used to:
A)Predict the strategies of different countries
B)Analyze why some firms and countries succeed internationally, and provide an intellectual framework for future analysis
C)Calculate a firm's chances of success in an international venture
D)Map the evolution of corporations like De Beers

Question

Quizplus · Accepted Answer

Porter's national diamond framework provides a comprehensive analysis of the factors that give a competitive advantage to certain countries and firms in the global marketplace. It helps to understand why some firms and countries succeed internationally and can provide a framework for analyzing their strategies. While the framework may be useful in assessing a firm's chances of success in an international venture, it is not its primary purpose. Additionally, while the framework could be applied to the evolution of corporations like De Beers, this is not its main application.

Porter's National Diamond Can Be Used To