Final answer:
Government is not a vehicle described in the business strategy diamond; suppliers, competitors, and customers are components of the strategy that relate to different aspects of the diamond model.
Step-by-step explanation:
When considering elements that are not a component of the business strategy diamond, the choices are suppliers, competitors, customers, and government. The business strategy diamond primarily consists of five parts: arenas, vehicles, differentiators, staging, and economic logic. Evaluating each option:
- Suppliers can be considered part of the differentiators or economic logic, as they affect cost and quality.
- Competitors could be part of the arenas or differentiators, as they influence where a company competes and how it sets itself apart.
- Customers are central to the economic logic and differentiators, as they are the source of revenue and focus of value creation.
- Government, while it can influence strategy, is not typically described as a 'vehicle' within the business strategy diamond concept.
Therefore, the answer is that government is/are not a vehicle described in the business strategy diamond.