Why Some Nations Succeed and Others Fail in International Competition.

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.

Please do not use an individual company or firm as your example the Diamond illustrates industries as a whole.

This assignment is due at the end of this week.

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