Figure 7-2 -According to Michael Porter's Diamond in Figure 7-2, Quadrant "C

question 55

Multiple Choice

Figure 7-2

-According to Michael Porter's diamond in Figure 7-2, quadrant "C" represents

• A)factor conditions.
• B)managerial conditions.
• C)demand conditions.
• D)related and supporting industries.

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Definitions:

Sales Level

The total volume or value of all products or services sold by a company within a specific period.

Fixed Assets

Long-term tangible assets used in the operation of a business that are not expected to be converted to cash within a year.

Full Capacity

The maximum level of output that a company can sustain within a specific period under normal operating conditions.

Sales Level

The total volume or amount of sales achieved by a business within a specified time period.