Porter's Dynamic Diamond Model
Porter's Dynamic Diamond Model Quiz
Test your understanding of Porter's Dynamic Diamond Model with this engaging quiz! Dive deep into the four key determinants and explore the factors that shape competitive advantage in industries.
By participating in this quiz, you will learn about:
- Demand Conditions
- Factor Conditions
- Firm Strategy
- Related and Supporting Industries
Select the 4 main determinants from the diamond model:
Demand Conditions
Factor Conditions
Government
Chance
Firm Strategy, Structure and Rivalry
Related and Supporting Industries
Select all that are examples of factor conditions:
Knowledge and infrastructure
Natural resources
Unskilled labor
Location
Which 2 factors continually influence the 4 main determinants?
Demand conditions
Chance
Firm strategy, structure and rivalry
Government
What factor gives a clear picture to companies about what emerging buyer needs are?
Factor conditions
Firm strategy, structure and rivalry
Demand conditions
Related and supporting industries
What are some examples of related and supporting industries?
Manufacturers
Suppliers
Buyers
Distributors
Which factor explains how companies are created, organized and managed?
Firm strategy, structure and rivalry
Demand conditions
Factor conditions
Related and supporting industries
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