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- Porter's Diamond Model explains the factors contributing to competitive advantage in an industry. These factors include firm strategy, structure, and rivalry; related and supporting industries; factor conditions; and demand conditions. An example of this model in action is Germany's luxury car manufacturing industry, which benefits from being a home base for car manufacturing12.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Porter's diamond model example
Key Takeaways
- The four factors contributing to competitive advantage in an industry are firm strategy, structure, and rivalry; related and supporting industries; factor conditions; and demand conditions.
parsadi.com/porter-diamond-model/Porter's diamond model exampleIn the model, Porter attempts to answer the following questions:
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