Which of the following statements reflects Michael Porter's theory regarding national competitive advantage?
A)Clusters of strong suppliers can interfere with entry into a global market.
B)A firm that succeeds in global markets has often left a domestic market because it was too competitive.
C)A country's natural resources,education,and infrastructure can be turned into a competitive advantage.
D)The first goal of a global marketer is to actively educate a nation's domestic customers.
E)A nation's domestic workforce is more motivated to work for foreign corporations than its own.

Question

Quizplus · Accepted Answer

Michael Porter's theory of national competitive advantage emphasizes the importance of a country's natural resources, education, and infrastructure in building and sustaining a competitive advantage. He also stresses the importance of government policies in supporting economic development and encouraging innovation. Choice A is not directly related to Porter's theory, while choices B, D, and E do not accurately reflect his ideas.

Which of the Following Statements Reflects Michael Porter's Theory Regarding