As a consultant you need to be apprised of competitory goods. A consultant moldiness be adequate to(p) to cognise the different types of advantages so that they posterior to a greater extent efficiently drop dead proper direction to a comp each in a unsophisticated. Given real scenarios a consultant must be fit to understand the advantages available to them. Given the scenario of a state of matter with companies that make equal quality stereos at a well lower price cod to labor greet has a comparative advantage over the competitors. Having the ability to civilise the kindred materials or even lesser materials to create a intersection point that is equal to the competition makes the companies in that nation lead a comparative advantage in the stereo equipment economy. A earth that can mine high-demand precious gems that only can be found in the b rears of that estate is easily be considered as having an out-and-out(a) advantage. As the country is the only n uclear number 53 capable of producing these gems they absolutely be the ones that whatsoever different country has to come to, to receive the gems. An absolute advantage is uncommon due to the abilities of all countries in the world besides to be able to have the only supply of something makes it an absolute advantage.
When a country passes a law to protect certain business practices that other countries whitethorn find unsuitable and mayhap unethical they are creating a national competitive advantage. The country is making it so the companies in that country can more easily manage with other countries. Althoug h there are companies in other countries tha! t may not agree with the intervention of the employees and read not to delectation the goods in protest, often times they exit though because of the cost saved by using these companies out ways the treatment of the employees. After all it is acceptable in that nations social community. The ability to understand the competitive advantages in any country is important. A nation is build by the companies that it contains. A country that knows how to successfully...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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