BAR0805-04 INTL
Provide Michael Porter’s 4 broad national factors impacting national competitive advantage.
Porter’s 4 factors are:
- The factors of production (Factor endowments).
- The nature of domestic demand (Demand conditions).
- The international competitiveness of related industries (Relating and supporting industries).
- How companies are created, organized, managed, and compete (Firm strategy, structure, and rivalry).