ADMS 4900 Chapter Notes - Chapter 7: Factor Endowment, Arbitrage, Offshoring

59 views2 pages

Document Summary

Chapter 7 international strategy: creating value in global markets. The diamond of national advantage attributes that determine the playing field that each nation establishes and operates for its industries. ~ factor endowment nation"s position in factors of production necessary to compete in. ~ demand conditions nature of home-market demand for the industry"s product or given industry service. ~ related and supporting industries presence/absence in the nation of supplier industries and other related industries that are internationally competitive. ~ firm strategy, structure, and rivalry conditions in the nation governing how companies are created, organized and managed as well as the nature of domestic rivalry. Concluding comments on factors affecting a nation"s competitiveness. Competitive advantage for global firm comes from continuing improvement, innovation and change. Government acts as either facilitators or inhibitors. Expanding global presence automatically increases scale of operations, providing larger revenues and asset base.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents