Q. Porter suggests the following reasons for one nation being more competitive than another
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(A)
Ability to speak English; developed network of supporting industries; absence of competition; and low labour cost.
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(B)
Abundant natural resources; skilled labour force; temperate climate; and democracy.
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(C)
Factor conditions; demand conditions; related and supporting industries; and firm strategy, industry strategy and rivalry.
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(D)
Strong sporting ethos; emphasis on individual achievement; strong national party in power; large home market.
✅ Correct Answer: (C)
Factor conditions; demand conditions; related and supporting industries; and firm strategy, industry strategy and rivalry.