According to Michael Porter,all of the following are conditions that create advantages for firms in certain countries and industries except:
A)Suppliers to a particular industry are the very best in the world
B)Strong industry competition
C)Buyers are among the most demanding in the world
D)Shortages of critical raw materials or other supplies
E)Ability to attract the most talented managers

Question

Quizplus · Accepted Answer

Michael Porter's theory of national competitive advantage does not list shortages of critical raw materials or other supplies as a condition that creates advantages for firms. Instead, his model emphasizes factors like strong suppliers, intense industry competition, demanding buyers, and the ability to attract talented managers as key to enhancing a country's competitiveness in certain industries.

According to Michael Porter,all of the Following Are Conditions That