Reference no: EM13839104
In 1990, Michael Porter and a team of researchers attempted to determine why some nations succeed and others fail in international competition. The task was to explain why a nation achieves international success in a particular industry, such as Japan in the automobile industry and Germany in the chemical industry.
Porter theorizes that four factors of a nation lead to shaping the competitive advantage:
- Factor Endowments
- Demand Conditions
- Relating and Supporting Industries
- Firm Strategy, Structure, and Rivalry
Your Hill textbook describes Porter's theory in detail. In a 2-3 page paper, give an example of an industry and a country and relate each of the four factors of the Diamond to this example. How has that industry succeeded or failed according to the Diamond strategy? You will need to use the Benedictine Library as well as outside resources for this research.
This assignment is due at the end of this week.
Factor Endowments (Heading): To clearly identify the Basic factors and advanced factors of your industry and country chosen.
Demand Conditions (Heading): To clearly identify the demand conditions for the industry's product in your country.
Relating and Supporting Industries (Heading): Identify the related industries and supported industries that lends support to your industry having national advantages and are internationally competitive
Firm Strategy, Structure, and Rivalry (Heading): Clearly identify in your paper the strategy or strategies that make your industry competitive. Give an explanation of structure of firms in creating competitive advantages. In your paper identify the domestic rivalry aspects that are competitive advantages for your industry in your country.
Explain how the spot and forward rates of the pound
: Assume the following information: • British pound spot rate = $1.71 • British pound one-year forward rate = $1.69 • British one-year interest rate = 8% • U.S. one-year interest rate = 5% a. Explain how U.S. investors could use covered interest arbitr..
|
Paper about economic integration opportunity
: We all agreed to use Scenario: Choose an existing U.S. based business the does not currently have international operations and expand it globally. These are the Topics that needs to be covered as Listed below: Economies of Scale, Tariffs/Subsidies/..
|
Net present value of a proposed capital budgeting
: Let's also make sure that you are comfortable calculating the net present value of a proposed capital budgeting project when the cash inflows are uneven.Given the following information, calculate the NPV:
|
Describe how the storage molecule is broken down
: Explain how energy is stored as fat, including identification of the storage molecule and tissue. Describe how the storage molecule is broken down and used to produce ATP.
|
Identify the demand conditions for the industry product
: Factor Endowments (Heading): To clearly identify the Basic factors and advanced factors of your industry and country chosen. Demand Conditions (Heading): To clearly identify the demand conditions for the industry's product in your country.
|
Baryla inc manufactures high quality decorator lamps
: Baryla Inc manufactures high quality decorator lamps in a plant located in Eastern Tennessee. Last year the firm had sales of $100 million and a gross profit margin of 40%. How much inventory can Baryla hold and still maintain an inventory turnover r..
|
Three-station production line with a single product
: Consider the following three-station production line with a single product that must visit stations 1, 2, and 3 in sequence. its total production line time is 3 hrs 47 mins, bottle neck rate is 200, Wo is 9.333.
|
How do culture, values and ethics come into play
: During her admission to the hospital, her husband requested that only Caucasian health care professionals and workers should enter his wife's room and interact with the family. The hospital's policy states that care will be provided on a nondiscri..
|
What are the distinguishing features of instrumental ragtime
: What are the distinguishing features of instrumental ragtime pre-1900's? How did it change in the early 20th century
|