Which of the following statements reflects Michael Porter's theory regarding national competitive advantage?
A)Clusters of strong suppliers can accelerate innovation.
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 represent obstacles that are often difficult to overcome.
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 clusters, or geographic concentrations of interconnected companies and institutions in related industries, in driving innovation and enhancing competitiveness. Strong suppliers within a cluster can collaborate to develop new technologies and processes, and can also compete with one another, driving innovation further.

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