1. Reading for this Lecture Porter M. (1990)‚ The Competitive Advantage of Nations‚ Chapters 3&4 2. Why Location Matters The ways that firms create and sustain competitive advantage in global industries provides the necessary foundation for understanding the role of the home nation in the process. There are five premises we must understand relating to national advantage: 1) The nature of competition and the sources of competitive advantage differ widely among industries and industry segments
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The Curse Behind The Hope Diamond Diamonds have been a source of wealth and dispute for centuries. “When humankind first discovered the diamond is not known.” ("ECP" 685) Diamonds were originally mined from riverbeds in India‚ and through trade-routes‚ diamonds reached the kingdoms and empires of Europe and Asia. One diamond in particular has a most colorful history and has travelled across continents into the hands of Sultans‚ King Louis XIV‚ and finally to the Smithsonian in America where
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16 October 2013 The Blues Chicago has been branded as the “Blues Capital of the World”‚ with nearly all of the genre’s most prominent and clever musicians as either natives of Chicago or securing their careers once moving to the city. However‚ Chicago is not the origin of the Blues. Though the exact derivation of the Blues was on no account confirmed‚ customarily‚ it is acknowledged that it was sustained in the North Mississippi River Delta in the late nineteenth century following the Civil War
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EDUCATION AND HEALTH INTRODUCTION Since the beginning of the new millennium Africa’s economic growth has gained momentum and between 2000 and 2010‚ the continent was the third fastest growing region globally. Africa is entering a new era as the world starts to look at the continent’s markets and business for opportunities. Africa seek partnerships with international investors that will help their business interest while empowering its population and ensuring that natural resources are leveraged
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in the United States‚ we have become familiar the reputations of certain goods based on their country of origin. Some examples include Swiss-made watches‚ German automobiles‚ Tulips from Holland‚ Argentine beef. Michael Porter uses his "Porter ’s Diamond" theory to explain why some countries have a comparative advantage in relation to others in specific industries. Porter theorizes that four broad attributes (factor endowments‚ demand conditions‚ relating and supporting industries‚ and firm strategy
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The Nile‚ is the longest river in the world‚ and is located in northeastern Africa. Its principal source is Lake Victoria‚ in east central Africa. The Nile flows north through Uganda‚ Sudan‚ and Egypt to the Mediterranean Sea‚ with a total distance of 5584 km. From its remotest headstream in Burundi‚ the river is 6671 km long. The river basin covers an area of more than 3‚349‚000 sq km. Not only is the Nile considered a wonder by Herodotus‚ but by people all over the world‚ due to its impotance to
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1. Describe recent trends in the hedge fund and private equity industry and the growing overlap between the two. - The line between some types of hedge funds and private equity LBO funds are being blurred in recent times. But most hedge fund strategies are still quite distinct from the LBO investing model. - In the early year’s hedge funds active in the LBO arena would try to buy defaulted or near default bonds and then resell them in weeks or months later at a profit. But in recent times
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West Nile Virus Summertime‚ without doubt is the best season for students‚ the mood that it brings along with it‚ is the time that most people treasure. However‚ as we go along and having wonderful time in this period‚ it is very important that we remain healthy and safe. The season not only brings the things we obviously expect‚ but also has been associated with viruses which can cause various diseases. People who enjoy themselves along the lakes and rivers should keep in mind of the threatening
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This paper will focus on the Diamond Industry and in particular DeBeers’ involvement in shaping the structure of markets and firm conduct within the industry. The paper will examine the influence of DeBeers’ cartel by initially looking at market conditions when DeBeers were operating their cartel‚ then by way of comparison‚ examining the evolvement of the market once the DeBeers cartel was ended‚ effectively opening up the market for the first time. The diamond industry currently produces
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have chosen to focus on and analyze one pattern of the Diamond Trade at a global scale. The pattern illustrates that the Diamond Trade exists on a global scale. I have used examples and specific evidence from different regions and nations across different hemispheres to highlight this Global pattern. There are five different processes of the Diamond Industry. Exploration‚ mining‚ selling rough diamonds‚ cutting and polishing and selling on world markets. Each process happens in different location
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