Japan, due to a lack of undeveloped land, would be an unusual choice of location for a U.S. cattle company to set up local grazing operations. This limiting factor would be identified in what part of Porter's determinants of national advantage?
A) Factors of production
B) Demand conditions
C) Related and supporting industries
D) Firm strategy, structure, and rivalry

Question

Quizplus · Accepted Answer

Porter's determinants of national advantage include factors of production, demand conditions, related and supporting industries, and firm strategy, structure, and rivalry. Factors of production refer to the availability and quality of resources needed for production, such as land, labor, and natural resources. In this scenario, Japan's limited availability of undeveloped land would be a factor of production that limits the possibility of a U.S. cattle company setting up local grazing operations.

Japan, Due to a Lack of Undeveloped Land, Would Be