V. The Competitive Advantage of Nations A. Overview Porter is a famous Harvard business professor. He conducted a comprehensive study of 10 nations to learn what leads to success. Recently his company was commissioned to study Canada in a report called "Canada at the Crossroads". Porter believes standard classical theories on comparative advantage are inadequate (or even wrong). According to Porter‚ a nation attains a competitive advantage if its firms are competitive. Firms become
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adequate land for agriculture‚ and did not have any coral reef. Additionally‚ islanders was lack of fishhooks‚ so it was hard to find food supplies. The last island was Henderson‚ Henderson knew as the biggest island of the Pitcairn Islands. The advantages of this islands are resources(Many birds to eat‚ lots of seafood)‚ however‚ Henderson did not have fresh water‚ no basalt for tools‚ no beaches‚ and small trees. The next agenda is about trading. These three island was famous in trading because
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It is appropriate for me to seize this opportunity to speak a couple of words on the need to expand Technical Education in the country. In Sri Lanka‚ technical education began in the 1890s with the establishment of the Colombo Technical College‚ which‚ as Government Department‚ functioned to cater to certain requirements of such Government Departments as Public Works‚ Railways and Irrigation. Technical Education‚ because of this limited focus‚ did not expand in the colonial period; it was after independence
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own with out the threat of a financially or governmentally crashing. The more self-reliant countries therefore have to use their own resources to support these nations and therefore there will is less money and goods available to support their own societies and economies. Globalization slowly drains capital and commodities from the stronger‚ more independent countries. The resources go to countries that will probably never be able to thrive with out aid‚ but with out it would dissolve and disrupt the
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Advantages/Disadvantages Advantages of bonds Bonds as an investment instrument bring a lot of advantages to the bond holders. Firstly‚ bonds are more stable than stocks. Investing in bonds involve lower risks compared to stocks. Normally‚ bond holders are more likely to receive the coupon rate (interest) from bond issuers. So‚ there is very less chances that bond holders will lost out on their investment. Also‚ they can feel relieved when they invest in the reliable investment and taking less
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Advantages Truss bridges have many advantages that make it more useful for everyday use. The truss bridge is very economical to build and uses very few resources. It uses light materials and small loads of timber or whatever it is being made of. It is also one of the stronger bridges that can be built. The trusses on top of the bridge make it very strong because the triangle shape takes away much of the pressure and spreads the pressure to the triangles and takes it away from the road part of the
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Dell’s Competitive Advantage Dell is officially the No. 1 computer systems company in the world. Dell is able to sustain a competitive advantage over competitors in the computer industry because of an extremely efficient supply chain/distribution system. Dell is able to achieve superior profits in the industry because they are a knowledgeable user of information‚ communication‚ e-commerce‚ e-business‚ internet‚ and web technologies. Michael Dell states that Dell is so successful because of
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examines the organizational environment for the Australian Airline industry with particular emphasis on the task and general environment followed by analysis and findings of Jetstar Airways business-level strategy focusing on the airline’s competitive advantage. Upon concluding the research for the task environment‚ the main forces shaping the Australian Airline industry was the cost of fuel‚ this being such a key factor because it make s up such a big bulk of the expenses incurred by airlines and the subsequent
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Communication can also be very helpful but sometimes it can be very dangerous Advantages of verbal communication are saving of time‚ saving of money‚ more effective‚ knowledge of reaction of message‚ clear doubts and increase in productivity and efficiency. While for disadvantages of verbal communication are lack of proof of message‚ not suitable for future reference‚ not suitable in case of distance. The greatest advantages of verbal communication‚ first is saving of time. Under this system of communication
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There were several advantages being a puritan like making good decisions just by following the bible‚ placing God above all‚ and how the community worked in unity. The reason why puritanism was considered a good thing was due to Puritans living closely by the bible and making better decisions in life. Puritans lived by the ten commandments and by what the bible says. An example of puritans living by the bible is not to steal‚ commit adultery‚ murder‚ and many more.Others may say that it’s a
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