Porter Suggested That the Four Attributes Making Up the 'Diamond

question 27

Multiple Choice

Porter suggested that the four attributes making up the 'diamond' consist of factor endowments,relating and supporting industries,firm strategy and structure and rivalry,and __________.

• A)supply conditions
• B)demand conditions
• C)first-mover advantage
• D)late-mover disadvantage

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Definitions:

Public

Pertaining to or accessible by the people as a whole; open and available to everyone.

Wrongs

Actions or behavior that are morally, ethically, or legally unjust, unfair, or harmful.

Hourly Wages

Compensation paid based on the number of hours worked, typically calculated as a rate per hour.

Salaries

Regular payments made by employers to employees, typically on a monthly or biweekly basis, in exchange for the employees' work or services.