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Application Questions Exercises
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  1. Data on the "competitiveness of nations" can be found at www.imd.ch/wcy/ranking/. This website provides a ranking on a 331 criteria for 59 countries. How might Porter's diamond of national advantage help to explain the rankings for some of these countries for certain industries that interest you?

  2. The Internet has lowered the entry barriers for smaller firms that wish to diversify into international markets. Why is this so? Provide an example.

  3. Many firms fail when they enter into strategic alliances with firms that link up with companies based in other countries. What are some reasons for this failure? Provide an example.

  4. Many large U.S.–based management consulting companies such as McKinsey and Company and the BCG Group have been very successful in the international marketplace. How can Porter's diamond explain their success?







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