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

question 107

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 represent obstacles that are often difficult to overcome.
• D)Conditions such as the number and sophistication of domestic customers can affect demand for an industry's product.
• E)A nation's domestic workforce is more motivated to work for foreign corporations than its own.

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Definitions:

Towelette

A small, moistened piece of paper or cloth used for cleaning or refreshing oneself.

Urinary Retention

The inability to completely empty the bladder during urination, which can lead to discomfort and potentially serious health complications.

Catheterization

A medical procedure involving the insertion of a thin, flexible tube into a body cavity, duct, or vessel.

Specific Gravity

The ratio of the density of a substance to the density of a reference substance; typically, for liquids, water is used as the reference.