Michael Porter Has Identified Four Key Elements in a Nation's

question 58

Multiple Choice

Michael Porter has identified four key elements in a nation's competitive advantage: factor conditions;demand conditions;related and supporting industries;and __________.

• A)consumer behavior
• B)workforce education and skill levels
• C)governmental regulation
• D)company strategy,structure and rivalry
• E)suppliers

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Definitions:

Debt Capital Structure

The composition of a company’s debt and equity capital, and the strategies used to finance its operations and growth. It often refers to the balance between the company's debt (liabilities) and equity (shareholder's equity).

Annual EBIT

Earnings Before Interest and Taxes calculated over a yearly period, indicating the profitability of a company before accounting for interest and tax expenses.

Homemade Leverage

The use of personal borrowing to change the overall amount of financial leverage to which the individual is exposed.

Capital Structure

The combination of a firm's long-term loans, particular short-term borrowings, ordinary shares, and preferred shares, which represents how a company funds its general activities and expansion.