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

question 230

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


Definitions:

Telecommunications Technology

The hardware and software employed in transmitting information (voice, data, text, or images) over distances.

Organizational Culture

The shared values, beliefs, and practices that shape the behavior and attitudes of members within an organization.

Shared Values

Fundamental beliefs or principles that are held in common by members of an organization or community.

Sense of Community

A feeling of belonging and mutual support within a group, where members share common values, beliefs, or interests.

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