Porter's national diamond identifies some factors that
A)determine a country's competitive advantage for a sector.
B)determine a country's national income.
C)determine the growth rate of a country's national income.
D)determine the growth rate of its exports.

Question

Quizplus · Accepted Answer

Porter's national diamond is a framework that identifies and analyzes the determinants of a country's competitive advantage in a specific sector or industry. The factors include the presence of related and supporting industries, factor conditions (such as skilled labor and infrastructure), demand conditions, and firm strategy, structure, and rivalry. Therefore, choice A is the correct answer. Choices B, C, and D are not directly related to the concepts in Porter's national diamond framework.

Porter's National Diamond Identifies Some Factors That