According to Michael Porter,all of the Following Are Conditions That

question 5

Multiple Choice

According to Michael Porter,all of the following are conditions that create advantages for firms in certain countries and industries except:

• A)Suppliers to a particular industry are the very best in the world
• B)Strong industry competition
• C)Buyers are among the most demanding in the world
• D)Shortages of critical raw materials or other supplies
• E)Ability to attract the most talented managers

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Definitions:

Instinct

A natural and usually unchanging behavior pattern exhibited by animals when they encounter specific triggers.

Conditioned

Describes a response that has been learned through the process of conditioning, where a neutral stimulus becomes associated with a meaningful stimulus, eliciting a learned response.

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, attitudes, and preferences.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, eventually comes to trigger a conditioned response.