Factors of Production in Porter's Model of International Competitive Advantage

question 43

Multiple Choice

Factors of production in Porter's model of international competitive advantage include all of the following EXCEPT:

• A) labor.
• B) capital.
• C) infrastructure.
• D) technology.

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Definitions:

Social Characteristics

Attributes that describe and differentiate individuals or groups within a society, such as age, gender, ethnicity, and social class.

Head Start Programs

Government-funded programs in the United States aimed at promoting school readiness for children under 5 from low-income families through education, health, and nutritional services.

Beneficial

Resulting in good; favorable or advantageous.

Social Practice

Repeated actions or behaviors that are accepted and shared by a group or society.