A graphical representation of Michael Porter's elements which create a nation's competitive advantage looks like a:
A)diamond.
B)circle or loop.
C)continuum.
D)pyramid.

Question

Quizplus · Accepted Answer

Michael Porter's elements which create a nation's competitive advantage are commonly represented as a diamond. This is because the elements - factor conditions, demand conditions, related and supporting industries, and firm strategy, structure, and rivalry - interact and reinforce each other to create a strong competitive advantage. The diamond shape represents the interdependence and mutual reinforcement of these elements.

A Graphical Representation of Michael Porter's Elements Which Create a Nation's