Which of the Following Statements Would Be Supported by Michael

question 4

Multiple Choice

Which of the following statements would be supported by Michael Porter?

• A) Economic prosperity depends primarily on inherited national advantages.
• B) The presence of strong competitors in a nation hinders national competitive advantage.
• C) The presence of highly demanding customers discourages innovation.
• D) Rivalry among industry competitors spurs innovation.

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Definitions:

Enduring

Lasting over a long period; demonstrating persistence or continued existence.

Union Formation

The process of organizing and establishing a union, typically involving workers coming together to advocate for their collective rights and interests.

Collective Action

The effort made by a group to reach and implement agreements in the pursuit of a common interest or goal.

Routine Collective Action

The repetitive and predictable actions performed by groups or collectives as part of their normal functioning.