Advantage of Nations - Module 2
Question and answers rated A+ 2026
What do the new international competition rules mean? - correct answer ✔All of the above
________ has led to a breakdown of the concept of market and production, whether local or national, as
well as the creation of an international management area that promotes access to areas of economic
development with lower production costs thanks to obtaining cheap labour. - correct answer
✔Economic globalisation
The beginnings of ________________ arise linked to the idea of intrinsic positive aspects of a
________________. - correct answer ✔Strategic thinking, cost strategy
In the previous market models the concept of competition was much simpler as the power of
competitiveness was based on: - correct answer ✔Final price of the product
Choose the false answer regarding the new trend in business research: - correct answer ✔It is simple,
easy, little elaborate
Basic elements of the policy of differentiation: - correct answer ✔All of the above
Once all the competitive advantages related to the _________________ have been exhausted, the
studies of the strategic direction conclude that the ______________ is the only strategy to create an
effective and efficient competitive advantage. - correct answer ✔Cost reduction, differentiation
Regarding the generalization of differentiation, choose the false answer: - correct answer ✔It appears
at a time of very low competitiveness in the markets