Explain the theories of first-mover advantage and national competitive advantage. Include examples of companies and countries that show the adoption of these theoretical assumptions.
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Explain the theories of first-mover advantage and national competitive advantage. Include examples of companies and countries that show the adoption of these theoretical assumptions.
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- What are the four factors in Porter’s diamond of national advantage? How do the four factors explain why some industries in a given country are more successful than others?Economic development can be influenced by the scale of a country's population and the age distribution. Why is population size significant for economic development? Is height a disadvantage? What is the significance of age distribution?Do you agree or disagree with the discussion below: Antitrust laws in the United States, such as the Sherman and Clayton Act, are designed to promote competition and prevent anticompetitive behavior in the marketplace. These laws generally prohibit agreements, contracts, or combinations that restrain trade or suppress competition.Pooling agreements among local cranberry growers could raise antitrust concerns if they have anticompetitive effects, such as reducing competition among cranberry producers or increasing consumer prices. However, the legality of such agreements depends on various factors and is a matter for legal authorities to assess.It is important to note that not all agreements to pool resources or coordinate production are automatically considered violations of antitrust laws. Some collaborative efforts may be permissible under antitrust laws if they promote efficiency, innovation, or other pro-competitive benefits.To determine whether the cranberry growers' agreement…
- The population size and age structure of a nation can be causal factors in economic development. Why is population size significant for economic development? Will height be an inconvenience? Why is the distribution of age important?FAST PLA 21-Issues about stability of a government, laws and restrictions on business and economic activities belong to: Cultural factors Economic factors Political and legal factors Global factorsmarket analysis to justify the choice of china as a country.
- What kind of relationship is present between Economic Development of a nation and its population? Positive Correlation Negative Correlation Cannot say There is no relationMention the specific advantages that a First Mover enjoys in any specific industry. Do you think a First Mover has likelihood of attack or likelihood of response at a specific product market? Why?Senior Management of a US business, developer and online gaming marketer, has agreed to expand internationally in Asia. You are a market analyst and must render your advice to the management by addressing the following questions:To evaluate global business opportunities and to suggest where the enterprise can go, choose a suitable analytical instrument to analyse an Asian nation with strong potential.
- Highlight the cultural differences between the USA and India. What advice do you have to develop cross-cultural competencies and ensure successful business interactions?Critique the statement by Lord Robertson “Globalization will make our societies more creative and prosperous, but also more vulnerable”.Critically discuss at least four (4) negative effects of Globalization and how these effects have affected the cayman islands