Porter,in his model of competitive advantage,suggested that there is a strong association between _____ and the creation and persistence of competitive advantage in an industry.

Question

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Porter asserts that there is a strong association between vigorous domestic rivalry and the creation and persistence of competitive advantage in an industry.Vigorous domestic rivalry induces firms to look for ways to improve efficiency,which makes them better international competitors.

Porter,in His Model of Competitive Advantage,suggested That There Is a Strong