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Which of the Following Factors of Michael Porter's Diamond Model

question 29

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Which of the following factors of Michael Porter's diamond model refers to the conditions in the nation that govern how companies are created, organized, and managed, and how intensely they compete domestically?


Definitions:

Pennsylvania Steel Industry

An industrial sector historically significant to both the state of Pennsylvania and the United States, known for its substantial contribution to the country's steel production and economic development.

Disabled

Pertains to individuals experiencing physical, mental, developmental, or intellectual impairments that significantly hinder major life activities.

Child Laborers

Young individuals who are employed in work that is considered exploitative or harmful to their development and well-being, often regulated or prohibited by law.

Immigrant Families

Families that have relocated from one country to another, often in search of better living conditions, opportunities, or to escape conflict.

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