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Competing in a global trade environment (The Global Village - McLuhan (WWW…
Competing in a global trade environment
The Global Village - McLuhan
WWW advent of internet
Global economy
works in real time across the planet
competition and trade among countries
Comparative advantage
relative David Ricardo
Absolute Adam Smith
Porters Diamond Model of competitive advantage
Factor conditions
related and supporting industries
Demand conditions
Structure of firms rivalry
Competition among business organisations
Porters 5 forces model 1980
industry competitors
buyers
potential entrants
Subsitutes
Suppliers