Demand conditions such as strategy-structure and rivalry

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1. Demand conditions such as strategy, structure, and rivalry, factor conditions, and related supporting industries are each a part of which of the following?

A. Competitive strategy

B. A national diamond

C. Layers of advantage

D. Mass marketing

E. Collaboration

2. The nation with the most favorable________ will be the one most likely to take advantage of chance events and convert them into competitive advantage.

A. diamond

B. competitive strategy

C. capital resources

D. product strategy

E. natural resources

3. Short product life cycles, short product design cycles, new technologies, and globalization are all factors and forces to ________.

A. create home market demand

B. develop firm structure

C. create competitive advantage

D. undermine market stability

E. create perception of newness

4. Which of the following is a role that government plays in the competitive advantage of its nation?

A. Major determinant

B. Influence on determinants

C. Creator

D. Regulator

E. Obstacle

5. The presence or absence of particular attributes in individual? countries, which influences industrial? development, is described by Porter through? ________.

A. the creation of a diamond gem from a rough diamond

B. analysis of a diamond as a basic shape

C. the visualization of a baseball diamond

D. the process of mining diamonds

E. the setting of diamonds in jewelry

Reference no: EM132206578

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