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goblinko [34]
3 years ago
11

Porter argues that a nation's firms gain competitive advantage if Group of answer choices the country has an abundant supply of

unskilled workers. their domestic consumers lack technical awareness. their domestic consumers are demanding. they function in a labor-intensive market
Business
1 answer:
Anit [1.1K]3 years ago
5 0

Answer: their domestic consumers are demanding

Explanation:

In Porter's Diamond Strategy, he explains why some nations are more competitive than others. One of the factors mentioned was the DEMAND CONDITIONS.

He posited that home demand has a huge influence on how favourable domestic industries are.

How?

A larger market at home presents companies with challenges as well as more opportunities to grow and become better and more efficient.

Striving to satiate such a demand will enable companies to scale new heights and they will learn more about consumer behavior much quicker. They will then use this knowledge to apply and conquer new markets thanks to being forced to adapt early by their own domestic market.

If you need any clarification do react or comment.

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The correct answer is option d.

Explanation:

The consumption function shows the relationship between income level and consumption. It includes autonomous consumption that does not depends on the income level, marginal propensity to consume, and income level.

The consumption function shifts because of a change in the expectations of the consumers. If consumers expect the minimum wage to decrease in future, the consumption function will shift downwards.

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In determining whether a particular act occurred within the scope of employment, courts will evaluate whether the employee’s act
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1. Authorized

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Answer is explained in the explanation section.

Explanation:

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