Which of the Following Statements Reflects Michael Porter's Theory Regarding

question 101

Multiple Choice

Which of the following statements reflects Michael Porter's theory regarding national competitive advantage?

• A)Clusters of strong suppliers can interfere with entry into a global market.
• B)A firm that succeeds in global markets often has first succeeded in intense domestic competition.
• C)A country's natural resources, education, and infrastructure often pose obstacles that cannot be overcome.
• D)The first goal of a global marketer is to actively educate a nation's domestic customers.

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Definitions:

Legal Restrictions

Laws or regulations that limit or regulate certain activities or behaviors in order to protect public interest.

Negative Emotions

Feelings that are unpleasant or undesirable, such as sadness, anger, or fear.

On-the-job

Engaged in or pertaining to the performance of tasks, duties, or responsibilities within a work environment. A second explanation emphasizing practical, hands-on experience obtained while working.

Cultures

The shared values, beliefs, norms, and practices that shape the behaviors and traditions of a group of people.