192k views
4 votes
According to Porter, advanced factors Group of answer choices

A. are the least significant for competitive advantage

B. are a product of investment by individuals, companies and governments

C. are naturally endowed

D. include natural resources, climate, location and demographics

User Boathouse
by
5.1k points

1 Answer

7 votes

Answer:

B. are a product of investment by individuals, companies and governments

Step-by-step explanation:

According to the porter, there are two factors namely basic and advanced factors

The basic factors include those factors which are a necessity for every company i.e natural resources, environment and location-based, semi-skilled and untrained labor

While on the other hand, the advanced factors are related to the latest technology, infrastructure, well-qualified workforce. Due to this, the company could gain a competitive advantage, etc

User Looshi
by
4.8k points