Which of the Following Is Not an Attribute of a National

question 39

Multiple Choice

Which of the following is not an attribute of a national or country-specific environment that has an impact on global competitiveness of companies located in that nation?

• A) Factory production endowments
• B) Local demand conditions
• C) Related and supporting industries
• D) Strategy, structure, and rivalry of firms within the nation
• E) Advertising expenses

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Definitions:

Unskilled Labor

refers to work that requires no special training or skills, often associated with manual tasks.

Entrepreneurship

Willingness to take risks to create and operate a business.

Innovation

The process of creating, developing, and implementing new products, processes, or ideas to improve efficiency, effectiveness, or competitive advantage.

Aging Population

refers to the demographic trend of an increasing average age in a population, often resulting in higher proportions of elderly people and various social and economic implications.