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The Four Kinds of Variables That Influence Firms' Ability to Use

question 65

Essay

The four kinds of variables that influence firms' ability to use their country's resources to gain a competitive advantage,according to Michael Porter's diamond model,include demand conditions,factor conditions,_______,and __________.


Definitions:

Autonomic Nervous System

The part of the nervous system that controls involuntary actions of the body, such as heart rate, digestion, and respiratory rate.

Neural Agenesis

The absence or failure in the development of nerve cells (neurons).

Degeneration

The process by which tissues deteriorate over time, often due to disease, disorder, or aging.

Temporal Lobe

A region of the brain located beneath the Sylvian fissure on both cerebral hemispheres, responsible for processing auditory information and encoding memory.

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