According to Michael Porter's Diamond Model, All of the Following

question 90

Multiple Choice

According to Michael Porter's Diamond Model, all of the following are factors that determine the competitive advantage or disadvantage of a nation, except

• A) factory conditions.
• B) demand conditions.
• C) related and supporting industries.
• D) company strategy, structure, and rivalry.

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Definitions:

Reactive Changes

Adjustments or modifications made in response to external forces or challenges faced by an organization.

Organization

An arranged group of people with a particular purpose, such as a business or government department.

Change Management

Refers to the process, tools, and techniques used to manage the people side of change to achieve desired business outcomes.

No Paper Initiative

An environmental or organizational policy aiming to reduce the use of paper, often by leveraging digital documents and communications.