EBK PRODUCTION AND OPERATIONS ANALYSIS
EBK PRODUCTION AND OPERATIONS ANALYSIS
7th Edition
ISBN: 9781478628385
Author: Olsen
Publisher: WAVELAND PRESS (ECONTENT)
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Chapter 1.3, Problem 8P
Summary Introduction

Interpretation: The factor advantage that favours aluminum industry in United States over Japan and makes it cheaper to produce here only.

Concept Introduction: Porter, the famous economist suggested 4 determinants of national advantages viz. factors conditions, demand conditions, related and supporting industries and company strategy, structure and competition. So, among these factor advantages, related and supporting industries, is the one which favours the aluminum industry in United States over Japan and makes it cheaper to produce here only.

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