Which of the Following Factor Endowments Would Be Classified as a Basic

question 85

Multiple Choice

Which of the following factor endowments would be classified as a basic factor by Michael Porter?

• A)Communication infrastructure
• B)Research facilities
• C)Natural resources
• D)Skilled labor
• E)Technological know-how

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Definitions:

Non-Numeric

Qualitative data or information that cannot be quantified or expressed as numbers.

Always

A term indicating a constant or unchanging condition.

Data Mining

The process of using procedures from statistics and computer science to extract useful information from extremely large databases.

Large Data Bases

Comprehensive collections of data that can be massive in volume, designed to allow for the storage, retrieval, and management of large amounts of data.