Michael Porter's (1990)'Diamond' Has Four Attributes of a Nation: (A)factor

question 5

True/False

Michael Porter's (1990)'Diamond' has four attributes of a nation: (a)factor endowments; (b)domestic demand conditions; (c)relating and supporting industries;and (d)firm strategy,structure and rivalry.Focus therefore centres on national competitive advantage.

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Definitions:

Inclusive Sense

Refers to an understanding or interpretation that aims to encompass or include all relevant aspects or elements.

Disjunction

A compound proposition containing two or more component propositions (the disjuncts) and asserting that at least one of them is true.

Disjuncts

Components of a logical disjunction, or an "or" statement, where either one or the other (or both) of the elements is true.

Assert Propositions

The act of confidently stating or affirming a propositional statement as true or valid in a discourse or argument.