In Sum,Porter's Argument Is That the Degree to Which a Nation

question 11

True/False

In sum,Porter's argument is that the degree to which a nation is likely to achieve international success in a certain industry is a function of the combined impact of factor endowments,domestic demand conditions,related and supporting industries,and degree of government support.

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Definitions:

Delay Gratification

The ability to resist the temptation for an immediate reward and wait for a later reward, often considered a sign of emotional intelligence and self-control.

Belongingness Needs

are psychological needs for interpersonal connections, love, affection, and being part of a group, considered essential for human well-being.

Self-esteem Needs

Refers to the requirement for respect, self-worth, and positive self-regard, considered essential for psychological health and well-being.

Self-transcendence Needs

The need to experience a sense of meaning beyond the individual self, often involving spiritual or altruistic elements.