Porter's 'diamond' model of international competitiveness does NOT include:
A)absence of related industries and infrastructure
B)favourable factor (supply)conditions
C)government support
D)chance events

Question

Quizplus · Accepted Answer

Porter's 'diamond' model includes four main attributes that contribute to a nation's competitive advantage: 1) Factor conditions, 2) Demand conditions, 3) Related and supporting industries, and 4) Firm strategy, structure, and rivalry. Additionally, two outside factors, government and chance, are also considered. The absence of related industries and infrastructure is not part of the model; instead, the presence of strong related and supporting industries is a key component.

Porter's 'Diamond' Model of International Competitiveness Does NOT Include