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Porter diamond of competitive advantage

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Reference no: EM133171665

Question:

  1. Reflect on the changes in U.S. manufacturing over the last half-century. Why did the United States lose so many jobs?
  2. What impact did that job loss have on the U.S. economy and on the economies of countries like China and Mexico that have been the recipients of outsourced U.S. jobs?
  3. Using Porter's Diamond of Competitive Advantage, explain U.S. manufacturing today, and how it could change in the next five to ten years. Consider the role of government in the success of the sector and the future competitiveness of a nation. Be sure to mention the effects that the COVID-19 Pandemic has had.

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Reference no: EM133171665

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