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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1917 |
Essay's paper body
The Diamond - Four Determinants of National Competitive Advantage
Four attributes of a nation comprise Porter's "Diamond" of national
advantage. They are:
factor conditions (i.e. the nation's position in factors of production,
such as skilled labour and infrastructure),
demand conditions (i.e. sophisticated customers in home market),
related and supporting industries, and
firm strategy, structure and rivalry (i...
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sophisticated customers in home market),
related and supporting industries, and
firm strategy, structure and rivalry (i.e. conditions for organization
of companies, and the nature of domestic rivalry).
Factor Conditions
Factor conditions refers to inputs used as factors of production - such
as labour, land, natural resources, capital and infrastructure...
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General points of the essay
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