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

question 55

Multiple Choice

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

• A)Clusters of strong suppliers can interfere with entry into a global market.
• 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 be turned into a competitive advantage.
• 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:

Real Return

The return on an investment after adjusting for inflation, indicating the actual purchasing power gained or lost.

American Stock Market

Refers to the financial markets in the United States where stocks, bonds, and other securities are bought and sold, including major exchanges like the NYSE and NASDAQ.

Annual Real Return

The measure of profit or loss on an investment over a one-year period, adjusted for inflation.

Stock Prices

the cost per share of owning a portion of a company, which fluctuates based on investor demand and market conditions.