In an Extensive Study That Was Published in a Book

question 109

Essay

In an extensive study that was published in a book entitled The Competitive Advantage of Nations,Michael Porter concluded that four broad attributes of a nation shape the environment in which local firms compete,and that these attributes promote or impede the creation of competitive advantage.Identify and describe the four attributes advanced by Porter.What did Porter conclude from his analysis?

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Definitions:

Rational

Based on reasoning or logic; pertaining to the ability to think, understand, and form judgments by a process of logic.

Step-by-step

A phrase describing a process or procedure that takes place gradually, one stage at a time.

Problem Solver

An individual or entity capable of analyzing issues, identifying solutions, and implementing strategies to address challenges effectively.

Supply Chain

is a system encompassing the production, handling, and distribution of goods and services from the source of production to the consumer.