According to Porter's Five Forces Framework, National Competitive Factors Include

question 8

True/False

According to Porter's Five Forces framework, national competitive factors include factor condition, demand conditions, related and supporting industries, and firm strategy, structure, and rivalry.

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Definitions:

Self-Actualization

Actualizing one's full abilities and potential, felt as a compelling need or motivation inherent in all people.

Instinct

An innate, typically fixed pattern of behavior in animals in response to certain stimuli.

Defense Mechanism

Psychological strategies brought into play by individuals, unconsciously, to protect themselves from anxiety or to provide a refuge from a situation with which they cannot currently cope.

Moral Basis

The foundational principles or beliefs that guide judgments about what is right or wrong, ethical or unethical.