Which of the Following Statements Reflects Michael Porter's Theory Regarding

question 148

Multiple Choice

Which of the following statements reflects Michael Porter's theory regarding national competitive advantage?

• A)Clusters of strong suppliers can accelerate innovation.
• B)A firm that succeeds in global markets has often left a domestic market because it was too competitive.
• C)A country's natural resources,education,and infrastructure can represent obstacles that are often difficult to overcome.
• D)The first goal of a global marketer is to actively educate a nation's domestic customers.
• E)A nation's domestic workforce is more motivated to work for foreign corporations than its own.

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Definitions:

Diluted Earnings Per Share

A metric that shows the quality of earnings per share if all convertible securities were converted into common stock.

Potential Impacts

Possible effects or outcomes that may occur as a result of a specific action or event.

Basic Earnings

The net income divided by the number of outstanding shares, representing the earnings available to shareholders.

Price/Earnings Ratio

A valuation measure comparing the current share price of a company to its per-share earnings, often used to assess if a stock is over or undervalued.