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vfiekz [6]
3 years ago
10

The four determinants in Porter's model of international competitive advantage include all of the following EXCEPT: Group of ans

wer choices political and economic institutions. related and supporting industries. factors of production. demand conditions.
Business
1 answer:
ss7ja [257]3 years ago
6 0

Answer:

<h2>In this instance,the correct answer is the first option in the answer choices given or political and economic institutions.</h2>

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.

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Blue Nile is an online retailer of diamonds that has used responsive transportation to ship diamonds to customers in the United
maw [93]

Answer:

Air transportation.

Explanation:

Responsive transportation is a form of shared transportation system where regular public transit or a personalized taxi that are frequent on a particular route are used to enhance a speedy and economical delivery of items and passengers en - route different destinations but in the same direction.

Looking at the three major modes of transportation which are road , air and sea, the one that suits this scenario is the Air system.

Being an international route , the road system does not fit in , and the ship on the sea is not a good option for responsive transportation considering its speed.

8 0
3 years ago
Value-added" describes the economic enhancement a company gives its products or services and helps explain why companies are abl
Eduardwww [97]

Answer:

What Is Value-Added?

The term "value-added" describes the economic enhancement a company gives its products or services before offering them to customers. Value-added helps explain why companies are able to sell their goods or services for more than they cost to produce. Adding value to products and services is very important as it provides consumers with an incentive to make purchases, thus increasing a company's revenue and bottom line.

Explanation:

3 0
2 years ago
One of the great dangers in allocating common fixed Blank 1 of 1 costs is that such allocations can make a product line look les
lara31 [8.8K]

Answer:

One of the great dangers in allocating common fixed corporate costs is that such allocations can make a product line look less profitable than it really is.

Explanation:

Therefore, care must be exercised so that a product line is not eliminated because the common fixed costs have been allocated to it such that it becomes unprofitable.  This is why it is necessary to identify activity cost pools into which such fixed costs can be accumulated and from which they can be allocated to product lines.  Using ABC costing approach, for instance, offers a means of escape because the system tries to allocate costs based on the level of usage or consumption of such common costs by each product line instead of using arbitrary allocation formulas.

4 0
2 years ago
The budgeted multi-step income statements of both manufacturing and merchandising companies include the calculation of gross pro
k0ka [10]

Answer:

TRUE

Explanation:

The gross profit is the difference betwenethe sales revenue and the cost of good sold/manufactured

for retail companys they determinate the cost using a given inventory method like FIFO LIFO or weighted average.

Manufacturing companies will subtract from the sales revenue the cost of good manufactured which can be determinated in various ways like process, order, absorption or ABC

7 0
3 years ago
Immediately after a hurricane, it is likely that the quantity demanded for tree cutting/removal services will ______ the quantit
kotykmax [81]

Answer:

Immediately after a hurricane, it is likely that the quantity demanded for tree cutting/removal services will "Remain" the quantity supplied, causing the price of tree cutting/removal services to ''Rise''

Explanation:

3 0
3 years ago
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