Which of the Following Statements Is True in the Context

question 3

Multiple Choice

Which of the following statements is true in the context of attributes of national competitive advantage?

• A) Factor endowments do not encompass aspects such as managerial sophistication.
• B) Companies are typically least sensitive to the needs of their closest customers.
• C) The benefits of investments in advanced factors of production by related and supporting industries are confined to those industries.
• D) Domestic rivalry creates pressures to increase costs and avoid investing in upgrading advanced factors.
• E) The nature of home demand shapes the attributes of domestically made products.

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Definitions:

Positive Predictive Value

The probability that individuals with a positive test result actually have the disease in question, measuring the test's accuracy.

Prevalence

The proportion of individuals in a population who have a specific disease or attribute at a specified point in time or over a specified period.

Cross-Sectional Studies

Studies that observe a population or a representative subset at one specific point in time.

Tertiary Prevention

Efforts to reduce the impact of an ongoing illness or injury that has lasting effects, through rehabilitation and treatment strategies.