Which of the Following Statements Is Most True with Regard

question 16

Multiple Choice

Which of the following statements is most true with regard to Strategy,Structure,and Rivalry in Michael Porter's "diamond" determinants of competitive advantage?

• A)The context of a firm's home market includes foreign capital markets
• B)Although local rivalry may hold down profitability in local markets, firms that survive vigorous local competition are often less efficient and innovative than are international rivals that emerge from softer local conditions
• C)Local rivalry tends to affect the rate of innovation in a market far more than foreign rivalry does
• D)Foreign rivalry tends to affect the rate of innovation in a market far more than local rivalry does
• E)The context of a firm's home market includes foreign management practices