According to Michael Porter's Diamond Model,which of the Following Includes

question 20

Multiple Choice

According to Michael Porter's diamond model,which of the following includes the nature of domestic demand and the sophistication of domestic customers for the industry's product or service?

• A) Demand conditions
• B) Company strategy, structure and rivalry
• C) Related and supporting industries
• D) Factor conditions

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Definitions:

Revenues

The total income generated by a company from its normal business activities, typically from the sale of goods and services to customers.

Liabilities

Financial obligations or debts that a company owes to others, which must be paid or settled in the future.

Ending Equity

The value of an owner's interest in a company at the end of an accounting period, calculated as total assets minus total liabilities.

Net Income

Refers to the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.