According to Michael Porter, a Harvard University Expert on International

question 139

Multiple Choice

According to Michael Porter, a Harvard University expert on international competitiveness, Canada's competitiveness is a concern because

• A) Canada's productivity is the lowest in the world.
• B) we have been living off our rich diet of natural resources.
• C) Canadian companies are only competitive due to the lower value of the Canadian dollar.
• D) the quality of Canadian manufactured goods is low.
• E) we don't take advantage of the intellectual ability of our people.

Differentiate between types of problems and the strategies used to solve them.

Describe how age influences susceptibility to functional fixedness.

Comprehend the relationship between language and culture as evidenced by linguistic relativity.

Recognize the importance of relevant information in solving numerical and structured problems.

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Definitions:

Business Plan

A detailed document that outlines the objectives, strategies, marketing, and financial forecasts of a business.

Financing

involves providing funds for business activities, making purchases, or investing.

Small Business Development Centres

Organizations that provide support and resources to small businesses to help them grow and succeed.

U.S. Small Business Administration

A government agency that provides support to entrepreneurs and small businesses through loans, grants, and resource guidance.