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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

7 Questions2 MinutesCreated by AnalyzingData57

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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