2. What is meant by the term national competitive advantage, and what are the attributes of...
Using Michael Porter's diamond model that lists Porter's attributes of national competitive advantage, match each example into the correct attribute on the model. Some attributes may have more than one example. Example 1: Different Management Ideologies can help or harm building national competitive advantage. Example 2: Basic ones are natural resources, climate, location, and demographics Example 3: The presence of these ancillary companies, often suppliers, can help achieve strong competitive positions through their strengths within the same industry. Example 4:...
Briefly define what is meant by competitive advantage. Are competitive advantage and sustained competitive advantage identical concepts? Compare and contrast the two concepts.
Which of the following is true about the determinants of national competitive advantage? Question 5 options: Demand conditions describe the nation's position in factors of production, such as labor, natural resources, capital, technology, entrepreneurship, and know-how. Vigorous competitive rivalry among firms lowers national innovativeness. The presence of strong competitors in a nation adversely affects national competitive advantage. The presence of demanding customers pressures firms to innovate faster and produce better products
help please. Porter's Diamond of National Competitive Advantage Competitive Intensity in Focal Industry Factor Conditions NATIONAL COMPETITIVE ADVANTAGE Demand Conditions Related and Supporting Industries/ Complementors 1 Bonus Individual Assignment #1 Porter's National Advantage Model 1) Please pick ANY COUNTRY 2) Please use Porter's National Advantage Model to explain what industry should the country nurture and why • Typed with double space format and APA citations • Max: 3 pages • Worth 2 bonus points Due – Thursday, July 23 by...
Outline why Porter’s Diamond of National Competitive Advantage is considered to be a strong predictor of global trade patterns. When compared against other trade theories do you consider it the best theory to explain global trade patterns? Why/why not?
PART 1. Many companies use their brand as a competitive advantage. Given your knowledge about the global economy, identify three brands you believe have the strongest likelihood of remaining a source of advantage in the 21st century and explain why. Explain the effects you believe the Internet's capabilities will have on the brands you identified in the previous discussion and what the owner of the brand should do in light of them. PART 2. Analyze the internal environment of the...
What is the source of Nordstroms long-term sustainable competitive advantage? What valuable and rare resources does Nordstrom have that its rivals find difficult to imita
In reference to "National Competitive Advantage", choose two examples of locations that benefit from the elements. Defend your reasoning.
a) What is meant by the term auto-correlation? b) What is meant by the term heteroskedasticity?
What is meant by the term, 'leverage', and why is it important to managers? What are some examples of some companies or industries that would tend to be more highly leveraged? Which ones might be less leveraged? Why do you think this is the case?