According to Michael Porter's diamond model,which of the following factors includes the nature of domestic requirement and the sophistication of domestic customers for an industry's product or service?

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According to Porter's diamond model, Demand conditions are one of the four factors that determine a nation's competitiveness. It includes the nature of domestic demand and the sophistication of domestic customers for an industry's product or service. Domestic demand conditions influence the development of products and services. A highly sophisticated and demanding domestic market will put pressure on companies to innovate and improve quality, leading to increased competitiveness in the international market.

According to Michael Porter's Diamond Model,which of the Following Factors