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Porter, in his diamond model, suggested that there is a strong association between _____ and the creation and persistence of competitive advantage in an industry.
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Porter, in his diamond model, suggested that there is a strong association between _____ and the creation and persistence of competitive advantage in an industry.

User Raghavendra
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1 Answer

5 votes

Answer:

Vigorous Domestic rivalry

Step-by-step explanation:

Porter's diamond model is a model that was developed by Michael Porter. The model is one that attempts to explain the economic success of a nation's industry compared to another nation's.

He postulates that the competitive advantage of a nation's industry is hinged on 4 determining factors. These factors include; factor conditions, demand conditions, related and supporting industries, firm strategy, structure and rivalry.

Cheers.

User Apoorv Kansal
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