Porter argues that an absence of domestic rivalry is vital to the crea

QUESTION

Porter argues that an absence of domestic rivalry is vital to the creation and persistence of international competitive advantage in an industry.

Indicate whether the statement is true or false.

ANSWER

FALSE
Porter argues that there is a strong association between vigorous domestic rivalry and the creation and persistence of competitive advantage in an industry. Vigorous domestic rivalry induces firms to look for ways to improve efficiency, which makes them better international competitors.