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Japan Is a Country That Is at a Disadvantage in Terms

Question 125

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Japan is a country that is at a disadvantage in terms of natural resources but it has achieved economic success by investing in education,thereby building a vital pool of skilled labor and technological know-how.This reflects Porter's argument that:


A) competitive advantage is largely a product of basic factors.
B) basic factors can be upgraded by nations,while advanced factors are endowed by nature.
C) an initial advantage in basic factors is vital to competitive advantage.
D) advanced factors are the most significant for competitive advantage.

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