National Competitive Advantage Derives from Four Conditions,one of Which Is

question 58

Multiple Choice

National competitive advantage derives from four conditions,one of which is factor conditions.What do factor conditions include?

• A) Customers, suppliers, and labor
• B) Government quotas and subsidies
• C) Product quality, productivity, and profits
• D) Labor, capital, entrepreneurs, and physical resources
• E) Strategies, structures, and rivalries

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Definitions:

Starting Materials

The reactants used at the beginning of a synthetic chemical reaction.

Structures

The arrangement of atoms in a molecule.

Organic Product

A compound or material derived from living organisms or the result of organic reactions.

Structure

The three-dimensional arrangement of atoms within a molecule, which determines its chemical behavior.