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Porter S Diamond Competitive Advantage Of Nations

porter's diamond Competitive Advantage of Nations

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Title: porter's diamond Competitive Advantage of Nations

Essay Details:

Subject: Business

Author: Joan W

Date: February 17, 2015

Level: University

Grade: A

Length: 2 / 471

Essay text:

Abundance of such factors may actually undermine competitive advantage! He introduced a concept of "clusters," or groups of interconnected firms, suppliers, related industries, and institutions that arise in particular locations. As a rule Competitive Advantage of nations has been the outcome of 4 interlinked advanced factors and activities in and between companies in these clusters. These can be influenced in a pro-active way by government. These interlinked advanced factors for Competitive Advantage for countries or regions in Porters Diamond framework are: 1. Firm Strategy, Structure and Rivalry (The world is dominated by dynamic conditions, and it is direct competition that impels firms to work for increases in productivity and innovation) 2...

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