Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Factor conditions
Nations position in factors of production
Demand conditions
Nature of home-market demand
Industrys product Industrys service
7-1
7-2
7-3
Factor Conditions
To achieve competitive advantage, factors of production must be created
Industry specific Firm specific Pool of resources at a firms or countrys disposal is less important than the speed and efficiency with which the resources are deployed
7-4
Demand Conditions
Demands that consumers place on an industry for goods and services
Demanding consumers push firms to move ahead of companies from other nations
7-5
Create the probability that new entrants will enter the market
Copyright 2005 by The McGraw-Hill Companies, Inc. All rights reserved.
7-6
Competitive rivalry increases the efficiency with which firms develop, market, and distribute products and services within the home country
Copyright 2005 by The McGraw-Hill Companies, Inc. All rights reserved.
7-7
7-8
Domestic rivalry forces firms to look beyond national borders for new markets
7-9
7-10