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According to Michael Porter,what are the conditions that create advantages for firms in certain countries and industries? Please explain each of them.
Convenience Store
is a small retail establishment that stocks a range of everyday items such as groceries, snack foods, and over-the-counter drugs, known for its extended operating hours.
Open 24 Hours
A business operation or service availability description indicating it is accessible any time of day, all days of the week.
Utility
Power of a good or service to satisfy a want or need.
Time
The indefinite continued progress of existence and events in the past, present, and future, regarded as a whole.
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