Besides demand conditions, the other factors in Porter's national diamond are
A)strategy, structure, and rivalry, such as intense domestic competition.
B)factor conditions, such as the scarcity or abundance of certain resources.
C)related and supporting industries, such as clusters of complementary or supporting industries.
D)all of the above.

Question

Quizplus · Accepted Answer

Porter's national diamond includes four factors: factor conditions, demand conditions, related and supporting industries, and strategy, structure, and rivalry. Factor conditions refer to the availability of factors of production, such as labor and natural resources. Demand conditions refer to the characteristics of domestic demand for a product or service. Related and supporting industries refer to the presence of complementary or supporting industries in the same geographic area. Strategy, structure, and rivalry refer to the intensity and competitiveness of domestic firms. All of these factors are included in Porter's national diamond model.

Besides Demand Conditions, the Other Factors in Porter's National Diamond