According to Porter,the characteristics of _____ are particularly important in shaping the attributes of domestically made products and in creating pressures for innovation and quality.

Question

Quizplus · Accepted Answer

The characteristics of home demand are particularly important in shaping the attributes of domestically made products and in creating pressures for innovation and quality.Porter argues that a nation's firms gain competitive advantage if their domestic consumers are sophisticated and demanding and pressure local firms to meet high standards of product quality and to produce innovative products.

According to Porter,the Characteristics of _____ Are Particularly Important in Shaping