Respuesta :
Answer:
In this instance,the correct answer is the first option in the answer choices given or political and economic institutions.
Explanation:
Porter's model of international competitive advantage thoroughly explains the factors or attributes that contribute to the competitive advantage of any country in the international market of various goods and services which can eventually strengthen the economic position of the country in the global commercial environment.This will subsequently generate economic benefits to any country in various trade and commercial activities in the international market.Now,as proposed by Porter,some of the forces or attributes that can ensure and strengthen a sustainable competitive advantage of any country in the global market include related or supporting industries,which can be used to provide productive resources and factors/inputs of production to facilitate the production of any good and service,factors of production,which refers to the efficient and productive utilization of the factors/inputs of production in the production process by domestic firms or companies,demand conditions,which indicate the overall scenario of consumer or commercial demand for goods and services in the country based on which domestic firms or companies can adjust or modify their respective production level that can potentially determine the overall production of goods and services in the country.However,Porter does not specify the role of major economic and political institutions in promoting or ascertaining international competitive advantage of any country.
In this instance, the right answer is that the first option within political and economic institutions.
- Porter's model of international competitive advantage thoroughly explains the factors or attributes that contribute to the competitive advantage of any country within the international market of varied goods and services which may eventually strengthen the economic position of the country within the global commercial environment.
- this may subsequently generate economic benefits to any country in various trade and commercial activities within the international market.
- Now, as proposed by Porter, a number of the forces or attributes that may ensure and strengthen a sustainable competitive advantage of any country within the global market include related or supporting industries, which might be wont to provide productive resources and factors/inputs of production to facilitate the assembly of any good and repair, factors of production, which refers to the efficient and
- productive utilization of the factors/inputs of production within the production process by domestic firms or companies, demand conditions, which indicate the general scenario of consumer or commercial demand for goods and services within the country supported which domestic firms or companies can adjust or modify their respective production level that may potentially determine the production of products and services within the country.
- However, Porter doesn't specify the role of major economic and political institutions in promoting or ascertaining the international competitive advantage of any country.
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