Porter's 'Diamond' Model of International Competitiveness Suggests That Where Firms

question 14

Multiple Choice

Porter's 'diamond' model of international competitiveness suggests that where firms cluster,analysis may need to be conducted at:

• A)industry level
• B)organisation level
• C)firm level
• D)network level

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Definitions:

Capital Infusions

The injection of funds into a business or organization, typically to support growth or stabilize financial health.

Pressured Atmosphere

A condition where the air pressure is significantly different from the normal atmospheric pressure, often caused by altitude, weather conditions, or contained environments.

Piecework Payments

A form of compensation based on the amount of work completed rather than time spent, common in manufacturing and often incentivizing higher production rates.

Workplace

The location or environment where people are employed and work is carried out, including offices, factories, stores, etc.