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

question 148

Multiple Choice

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

• A)Clusters of strong suppliers can accelerate innovation.
• B)A firm that succeeds in global markets has often left a domestic market because it was too competitive.
• C)A country's natural resources,education,and infrastructure can represent obstacles that are often difficult to overcome.
• D)The first goal of a global marketer is to actively educate a nation's domestic customers.
• E)A nation's domestic workforce is more motivated to work for foreign corporations than its own.

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Definitions:

Systematic Patterns

Regular and predictable behaviors or formations that follow a determined order within a data set or observed phenomena.

Moving Average

A statistical method to analyze data points by creating a series of averages of different subsets of the full data set.

Yearly Observations

Refers to data points or measurements that are collected once every year.

Trend

A general direction in which something is developing or changing, observed in data over time.