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porter's diamond Competitive Advantage of Nations

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Issue:

Business

 

Written by:

Anne D

 

Date added:

October 23, 2013

 

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Grade:

A

 

No of pages / words:

2 / 471

 

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633 times

 

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Essay content:

Abundance of such factors may actually undermine competitive advantage! He introduced a concept of "clusters," or groups of interconnected firms, suppliers, related industries, and institutions that arise in particular locations. As a rule Competitive Advantage of nations has been the outcome of 4 interlinked advanced factors and activities in and between companies in these clusters...
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These can be influenced in a pro-active way by government. These interlinked advanced factors for Competitive Advantage for countries or regions in Porters Diamond framework are: 1. Firm Strategy, Structure and Rivalry (The world is dominated by dynamic conditions, and it is direct competition that impels firms to work for increases in productivity and innovation) 2...
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