Michael Porter has identified four key elements in a nation's competitive advantage: factor conditions;__________;related and supporting industries;and company strategy,structure and rivalry.
A)demand conditions
B)ethnocentrism
C)barriers to entry
D)governmental regulation
E)suppliers

Question

Quizplus · Accepted Answer

The four key elements in a nation's competitive advantage identified by Michael Porter are factor conditions, demand conditions, related and supporting industries, and company strategy, structure, and rivalry. Out of the given options, only demand conditions are missing from the list, and hence A is the correct answer.

Michael Porter Has Identified Four Key Elements in a Nation's