INTL 4400 Chapter 5: chapter 5.docx
Document Summary
Any nation can choose to be successful by supporting development of factors affecting a nation"s competitiveness. (don"t investing in an education, health, etc instead nuclear weapons, army, castles, etc). its a choice! The heart of competitive advantage is innovation = change. The innovative company has better/stronger demand conditions - customers who kick their ass and says we want a better product. Factor endowments: i sm bored doing the same thing every day. You cannot have sustainable competitive advantage without home success. Port would say, until chinese companies develop a strong home market in their product, they will not be successful (cannot sustain business solely on home success (and not exporting) you will not be successful)) You are not being pushed to be better. Org design: org design should support overall strategy, if rigid and structured, type of strategy is limited. Whistlebowing democratic capitalism needs whistlebowing bowing being a whistle bower sucks.