Question

2. What is meant by the term national competitive advantage, and what are the attributes of a nation that affect the global competitiveness of companies located within that nation

Answer 1

National compete'ti'ne advantage- This theory focused on competetive advantages that a nation possess due to certain factores and explain how government can improne the country's Posetion globally. The's is known as Diamond Model: It wou guide the business to establish Strategy and approven regarding Investment and operations. National competitive advantage will stimulate domestic companies and enhance their goals. followings are the attributes that affect the global compétiteheness of companies : "Foreign dêreet invest ment" (FDI) will ensure the brojected amount of capital going to be invested in the domestic projects through foreign institutional Shrestors. ✓ Gross domestic product" (GDP) e a clear advantage for the nation to increase its revenue generation and sales growth. It will be beneficral fore corporates doing business outside the narron. "Inflation rate” will always Quy feet the global economy and product growth worldwide. During recession 27 will reduce the purchasinet ching power of consumers. Balance of payment" (BOP) will measure the export & import growth of a nation. deferit en Bob will be a burden for the country to bay their debt Obugations All the best for your exam! Please provide us poseltene ranings , we will be delighted to assist you !