Which of the Following Is True About the Determinants of National

question 38

Multiple Choice

Which of the following is true about the determinants of national competitive advantage?

• A)The presence of strong competitors in a nation adversely affects national competitive advantage.
• B)The presence of demanding customers pressures firms to innovate faster and produce better products.
• C)Demand conditions describe the nation's position in factors of production, such as labor, natural resources, capital, technology, entrepreneurship, and know-how.
• D)Vigorous competitive rivalry among firms lowers national innovativeness.

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Definitions:

Lack of Support

The absence or inadequacy of assistance, resources, or guidance necessary for success or improvement.

Safety Driven Culture

An organizational approach that prioritizes safety above all, embedding it into every aspect of work life to protect employees.

Occupational Safety and Health Review Commission

An independent federal agency tasked with deciding contests of citations or penalties resulting from OSHA inspections of American workplaces.

Primary Function

The main or core activity that an organization or position is responsible for carrying out.