The determinants of national advantages with examples as suggested by Porter. Concept Introduction: Porter, the famous economist makes very convincing argument for national competitive advantages in some specific industries. He has suggested 4 determinants of national advantages.

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Chapter 1.3, Problem 7P

Summary Introduction

Interpretation: The determinants of national advantages with examples as suggested by Porter.

Concept Introduction: Porter, the famous economist makes very convincing argument for national competitive advantages in some specific industries. He has suggested 4 determinants of national advantages.

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What are the four factors in Porter’s diamond of national advantage? How do the four factors explain why some industries in a given country are more successful than others?

Regardless of strategy, most international businesses want to increase their market share, revenues, and profits. They often accomplish these goals by entering new markets or launching new goods into markets where they already have a presence. The ability of a firm to accomplish this successfully is dependent on its developing a thorough understanding of a certain geographical or product market. Firms must typically take three stages to effectively expand their market share, revenue, and profits: (1) evaluate alternative markets, (2) evaluate the costs, benefits, and risks of entering each, and (3) select those with the greatest potential for entry or expansion. Discuss FOUR (4) modes of entry that digital firms may employ to enter the ecommerce China market. Support a case with an example of a successful company doing it.

Please answer thoroughly with accurate information 1.Provide at least two (2) examples/case studies of international modes of entry utilized by multinational corporations in Thailand, Malaysia and South Korea that have succeeded or failed. The name of the multinational must be clearly stated in each example. Be sure to state the mode of entry utilized in each example in each country. Why do you think they would have succeeded or failed in each example included?

Answer 2

Question

Chapter 1.3, Problem 7P

Summary Introduction

Interpretation: The determinants of national advantages with examples as suggested by Porter.

Concept Introduction: Porter, the famous economist makes very convincing argument for national competitive advantages in some specific industries. He has suggested 4 determinants of national advantages.

Expert Solution & Answer

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Check out a sample textbook solution

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Answer 3

Question

Chapter 1.3, Problem 7P

Summary Introduction

Interpretation: The determinants of national advantages with examples as suggested by Porter.

Concept Introduction: Porter, the famous economist makes very convincing argument for national competitive advantages in some specific industries. He has suggested 4 determinants of national advantages.

Expert Solution & Answer

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Answer 4

Question

Chapter 1.3, Problem 7P

Summary Introduction

Interpretation: The determinants of national advantages with examples as suggested by Porter.

Concept Introduction: Porter, the famous economist makes very convincing argument for national competitive advantages in some specific industries. He has suggested 4 determinants of national advantages.

Expert Solution & Answer

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Check out a sample textbook solution

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Answer 5

Chapter 1.3, Problem 7P

Summary Introduction

Interpretation: The determinants of national advantages with examples as suggested by Porter.

Concept Introduction: Porter, the famous economist makes very convincing argument for national competitive advantages in some specific industries. He has suggested 4 determinants of national advantages.

Answer 6

Chapter 1.3, Problem 7P

Summary Introduction

Interpretation: The determinants of national advantages with examples as suggested by Porter.

Concept Introduction: Porter, the famous economist makes very convincing argument for national competitive advantages in some specific industries. He has suggested 4 determinants of national advantages.

Answer 7

Chapter 1.3, Problem 7P

Summary Introduction

Interpretation: The determinants of national advantages with examples as suggested by Porter.

Concept Introduction: Porter, the famous economist makes very convincing argument for national competitive advantages in some specific industries. He has suggested 4 determinants of national advantages.

Answer 8

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Answer 11

Ch. 1.3 - Prob. 1P Ch. 1.3 - Prob. 2P Ch. 1.3 - Prob. 3P Ch. 1.3 - Prob. 4P Ch. 1.3 - Prob. 5P Ch. 1.3 - Prob. 6P Ch. 1.3 - Prob. 7P Ch. 1.3 - Prob. 8P Ch. 1.3 - Prob. 9P Ch. 1.3 - Prob. 10P

The determinants of national advantages with examples as suggested by Porter. Concept Introduction: Porter, the famous economist makes very convincing argument for national competitive advantages in some specific industries. He has suggested 4 determinants of national advantages.

Solution Summary: The author explains Porter's determinants of national advantages, which include factors such as capital, labor, and demand conditions, as well as company strategy, structure and competition.

Concept explainers

Interpretation: The determinants of national advantages with examples as suggested by Porter.

Concept Introduction: Porter, the famous economist makes very convincing argument for national competitive advantages in some specific industries. He has suggested 4 determinants of national advantages.

Want to see the full answer?

Chapter 1 Solutions

The determinants of national advantages with examples as suggested by Porter. Concept Introduction: Porter, the famous economist makes very convincing argument for national competitive advantages in some specific industries. He has suggested 4 determinants of national advantages.

Solution Summary: The author explains Porter's determinants of national advantages, which include factors such as capital, labor, and demand conditions, as well as company strategy, structure and competition.

Concept explainers

Interpretation: The determinants of national advantages with examples as suggested by Porter. Concept Introduction: Porter, the famous economist makes very convincing argument for national competitive advantages in some specific industries. He has suggested 4 determinants of national advantages.

Want to see the full answer?

Chapter 1 Solutions

Interpretation: The determinants of national advantages with examples as suggested by Porter.

Concept Introduction: Porter, the famous economist makes very convincing argument for national competitive advantages in some specific industries. He has suggested 4 determinants of national advantages.