Swedish strength in fabricated steel products has drawn on strengths in Sweden's specialty steel industry.This is an example of which of the following attributes that impact national competitive advantage?
A) Local demand conditions
B) Competitiveness of related and supporting industries
C) Intensity of rivalry
D) Factor endowments
E) Differences in distribution channels

Question

Quizplus · Accepted Answer

The competitiveness of related and supporting industries is a key attribute that impacts national competitive advantage. In this case, the strength of Sweden's fabricated steel products is attributed to the strength of its specialty steel industry, which is a related and supporting industry.

Swedish Strength in Fabricated Steel Products Has Drawn on Strengths