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7 February, 14:22

According to Porter, advanced factors Group of answer choices

A. are the least significant for competitive advantage

B. are a product of investment by individuals, companies and governments

C. are naturally endowed

D. include natural resources, climate, location and demographics

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  1. 7 February, 16:43
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    B. are a product of investment by individuals, companies and governments

    Explanation:

    According to the porter, there are two factors namely basic and advanced factors

    The basic factors include those factors which are a necessity for every company i. e natural resources, environment and location-based, semi-skilled and untrained labor

    While on the other hand, the advanced factors are related to the latest technology, infrastructure, well-qualified workforce. Due to this, the company could gain a competitive advantage, etc
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