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According to Michael Porter,advanced Factors Account for the Sustained Competitive

question 70

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According to Michael Porter,advanced factors account for the sustained competitive advantage a country enjoys in a product.


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Context

The circumstances or setting surrounding a particular event, statement, or idea, which can influence its meaning or effect.

Information

Data that has been organized and processed to provide meaning and context, making it useful for decision-making.

Knowledge

Information, understanding, or skill that one gets from experience or education.

Value

The importance, worth, or usefulness of something, often measured in terms of money, utility, or general desirability.

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