Porter's Thesis Was That Four Broad Attributes of a Nation

question 84

Multiple Choice

Porter's thesis was 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.All of the following are attributes EXCEPT:

• A)factor endowments.
• B)first-mover advantages.
• C)firm strategy,structure,and rivalry.
• D)relating and supporting industries.

Understand the concept and process of unionization, including certification and decertification.

Comprehend the roles and strategies of collective bargaining and the negotiation process in labor relations.

Recognize the various forms of strikes and their legal implications.

Identify strategies organizations employ to minimize unionization and manage labor relations.

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Definitions:

Bait-and-switch Technique

A deceptive marketing strategy where a seller lures customers by advertising a product or service at a low price, then reveals that the specific item is no longer available, offering a more expensive alternative instead.

Luxury Penthouse

A high-end apartment located on the top floor of a building, offering luxurious features, expansive views, and premium amenities.

Pique Technique

A strategy used in persuasion that aims to capture people's interest by making a unique or unusual request.

Social Influence

The effect that the words, actions, or mere presence of other people have on our thoughts, feelings, attitudes, or behavior.