Michael porter determinants of national advantage model

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Question

1. Distinguish between basic factors of production and advanced factors of production in Michael Porter's Determinants of National Advantage model.

2. Name the form of multidivisional structure that would suit a firm with a related constrained diversification corporate strategy. State two distinguishing features of the structure.

3. Our class identified 10 behaviors that followers expect of leaders they judge to be ethical. State any three.

4. We identified four characteristics of an attractive industry. Please state any three and explain why one of the three makes the industry attractive.

5. Distinguish between the product characteristics of a firm following a cost leadership strategy and the product characteristics of a firm following an integrated cost leadership and differentiation strategy. Compare the cost of production and the features of each to those of the other.

6. Explain the characteristics of "related constrained diversification". Include in your explanation revenue percentage standards and any required linkages among the various businesses.

Reference no: EM133466823

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