According to Porter’s diamond, what are factor endowments? A. The pos

QUESTION

According to Porter’s diamond, what are factor endowments?

A. The position of a nation regarding the components of production necessary to compete in a given industry

B. The presence or absence of related industries that are internationally competitive

C. The conditions governing how companies are created, organized, and managed and the nature of domestic rivalry

D. The nature of home demand for the industry’s product or service

E. The economic and strategic advantages that accrue to early entrants into an industry

ANSWER

A