Michael Porter created a diamond-shaped framework to explain the international competitiveness of different industries. Porter's Diamond framework consists of a system of four mutually reinforcing factors. If these conditions are favorable, domestic companies will continuously innovate and as a result, they will remain competitive internationally. On the other hand, unfavorable conditions will result in the inability of these companies to compete globally. A. Using your own words to explain Porter's Diamond Framework (i.e., 4 mutually reinforcing forces) Why do you think this framework is useful to assess country competitiveness.
