It appears that several factors favor the success of

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Unformatted text preview: ral factors favor the success of some industries in some countries: For example: Germany: Germany: printing presses, luxury cars, chemicals Switzerland: Switzerland: pharmaceuticals, chocolate Sweden: Sweden: heavy trucks, mining equipment United United States: personal computers, software, entertainment Japan: Japan: automobiles, consumer electronics 6 Porter’s Thesis Famed management guru, Michael Porter, has developed a theory to explain the determinants of national competitive advantage. These include: Factor Conditions (Land, Labor, Capital, etc.) Demand Conditions (local marketplace may be more sophisticated/demanding than world marketplace) Related and Supporting Industries Firm Strategy, structure, rivalry (e.g.: Germans are strong technically, Italian family structure, Japanese management methods) How Do Firms Differentiate Themselves from Competitors? Low Low Cost Leaders...
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This document was uploaded on 03/23/2014.

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