Porters Diamond Model
University Of
Greenwich
BA(hons) in business studies
Module name : international business management
module Teacher : Ian Norman
student Name : Mokbul Hossain
Student Id : 000762547
Question: As a management consultant advising a country of your choice, explain how u can use Porter 's Diamond model to evaluate and improve the nation 's competitive position.
Introduction
Business world is getting complicated day by day .Companies want to do business like participating in the competition for profit or market share. We are now at globalisation era where a local company is to compete with international company (Daniels et al, 2007). Challenge for marketing strategy is to find a method of earn a sustainable competitive advantage over the other competing firms and products in a market.
According to porter (1990) innovation and upgrading capacity of a specific country 's industry is the indicator of a nation 's competitiveness. Challenges and pressures bring companies competitive advantage over the world 's best competitors.. As the base of competition creating more digestion of knowledge. Competitive advantage is built through a highly localized process. Competitive success depends on national values, economic structures, culture, histories and institutions. Every country has remarkable differences in the patterns or nature of competitive. Ultimately, nations succeed in particular industries because of positive environment most forward-looking, challenging and dynamic.
This report will evaluate some significant factors and explores regarding advantages of porters diamond mode which is very crucial for any organizations competitive performances. In addition to, this report will clearly determinant about how government can help to the company 's performance and other activities with actions. After that, it will unambiguously investigate with relation to the automobile industry of Mexico by applying porters diamond model with
Greenwich
BA(hons) in business studies
Module name : international business management
module Teacher : Ian Norman
student Name : Mokbul Hossain
Student Id : 000762547
Question: As a management consultant advising a country of your choice, explain how u can use Porter 's Diamond model to evaluate and improve the nation 's competitive position.
Introduction
Business world is getting complicated day by day .Companies want to do business like participating in the competition for profit or market share. We are now at globalisation era where a local company is to compete with international company (Daniels et al, 2007). Challenge for marketing strategy is to find a method of earn a sustainable competitive advantage over the other competing firms and products in a market.
According to porter (1990) innovation and upgrading capacity of a specific country 's industry is the indicator of a nation 's competitiveness. Challenges and pressures bring companies competitive advantage over the world 's best competitors.. As the base of competition creating more digestion of knowledge. Competitive advantage is built through a highly localized process. Competitive success depends on national values, economic structures, culture, histories and institutions. Every country has remarkable differences in the patterns or nature of competitive. Ultimately, nations succeed in particular industries because of positive environment most forward-looking, challenging and dynamic.
This report will evaluate some significant factors and explores regarding advantages of porters diamond mode which is very crucial for any organizations competitive performances. In addition to, this report will clearly determinant about how government can help to the company 's performance and other activities with actions. After that, it will unambiguously investigate with relation to the automobile industry of Mexico by applying porters diamond model with