According to the Porter diamond,which of the following is an example of an advanced factor?
A) labor forces in the nation
B) technological infrastructure in the nation
C) climate in the nation
D) natural resources in the nation

Question

Quizplus · Accepted Answer

Technological infrastructure is an example of an advanced factor according to Porter's diamond model. Advanced factors are factors that are already in place and provide a country with a competitive edge, but cannot be easily replicated or imitated by other countries. Technological infrastructure includes advanced research facilities, communication networks, transportation systems, and access to advanced technology, which can give a country an advantage in certain industries. Labor forces, climate, and natural resources are considered basic factors in Porter's model.

According to the Porter Diamond,which of the Following Is an Example