Internacional Business Management_ Group 8N
NAMES:
Renée Carolina Rodríguez Suárez
Laura Liseth Álvarez Ochoa
Jessica Salamanca
“The Competitive Advantage of Nations”
1. What kind of location advantages do not make nations competitive? (Porter, The Competitive Advantage of Nations, 1990)
There are striking differences in the patterns of competitiveness in every country, no nation can or will be competitive in every or even most industries. Ultimately, nations succeed in particular industries because their home environment is the most forward-looking, dynamic and challenging.
They benefit from having strong domestic rival’s aggressive home-based suppliers and demanding local customers.
“According to prevailing thinking, labor costs, interest rates, and economies of scale are the most potent determinants of competitiveness”
The government play a lot of policies to maintain and stable market and equity in the society, but the government can not been interpose all the time because they have to take care off all the components who make a goob place to live and maintain all the indicadors in good way, so a bad stage who doesn´t make a competitiveness nation it´s the place where the policies destroy the opportunities and where doesn´t foment the creativity and innovation in that play a lot of roles like the studi and anothers factors to invest.
2. According to Porter, what are four key sets of location attributes that are determinants of success? Which is the most important? Why?
These attributes are: (Porter, The Competitive Advantage of Nations, 1990)
1. FACTOR CONDITIONS, the nation´s position in factors of production such as skilled labor or infrastructure, necessary to compete in a given industry.
2. DEMAND CONDITIONS, the nature of home-market demand for the industry´s product or service.
3. RELATED AN SUPPORTING INDUSTRIES, the presence or absence in the nation of suppliers industries and other
Bibliography: Porter, M. E. (1990). The Competitive Advantage of Nations. Harvard Business Review, 76. Porter, M. E. (1990). The Competitive Advantage of Nations. Harvard Business Review, 77. Porter, M. E. (1990). The Competitive Advantage of Nations. Harvard Business Review, 3. Porter, M. E. (1990). The Competitive Advantage of Nations. Harvard Business Review, 8. Porter, M. E. (1990). The Competitive Advantage of Nations. Harvard Business Review, 8. Porter, M. E. (1990). The Competitive Advantage of Nations. Harward Business Review, 87. Porter, M. E. (1990). The Competitive Advantage of Nations. Harvard Business Review, 9.