QUESTION
According to Michael Porter, government can influence each of the four components of Porter’s diamond—either positively or negatively.
Indicate whether the statement is true or false.
ANSWER
TRUE
Porter contends that government can influence each of the four components of Porter’s diamond—either positively or negatively. Factor endowments can be affected by subsidies, policies toward capital markets, policies toward education, and so on.
Place an order in 3 easy steps. Takes less than 5 mins.