Porter's "National Diamond" Framework Suggests That a Significant Factor Explaining

question 43

True/False

Porter's "national diamond" framework suggests that a significant factor explaining the dominance by German firms of the world market for luxury and high-performance automobiles is to be found more in the factors of production available in Germany than in the demand characteristics of German consumers.

---

Definitions:

Right of Refusal

A contractual right that gives an individual or entity the opportunity to enter a business transaction with another party before anyone else can.

Perfect Tender Rule

The requirement that a seller deliver goods in conformity with the contract, down to the last detail.

Rigidity

The quality of being unable to bend or be forced out of shape; lack of flexibility or adaptability.

Honesty in Fact

The genuine belief or actual state of mind devoid of intent to deceive or defraud.