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Wednesday, April 24, 2019

International business class (Discussion Board) Assignment - 1

International business class (Discussion Board) - Assignment ExampleDemand conditions solely meant the domestic demand for a product. Demand encourages production because of the incentive of profit. The more the company creates a situation product, the more they become good at it. Related supporting industries are complementary firms that make an diligence benefit through it and enhances its competitiveness. Firms strategy, structure and rivalry simply meant the regulatory conditions in a certain commonwealth that could encourage innovation and rivalry that would ultimately make firms competitive.If Porters theory is to be taken as an absolute truth especially with his factor conditions that the availability of resources would make a country competitive, and then Africa would have been one of the richest countries in the world because almost all raw materials in production washbowl be found there. But as we already know, Africa is one of the poorest continent in the world and t his posits that earthy resources alone is not enough to make a country competitive debunking Porters first notion of factor condition as a prelude to national

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