Poters Diamond Model

The points of the diamond are described as follows 1.FACTOR CONDITIONS -a country creates its declare important factors such as skilled resources and technological base. -these factors are upgraded / deployed all over time to meet the demand. -local disadvantges force innovations. new methods and  hence comparative degree advantage. 2.DEMAND CONDITIONS -a more(prenominal) demanding local marketplace leads to national advantage. -a strong trend vista local market helps local unfluctuatings anticipate global trends. 3.RELATED AND SUPPORTING INDUSTRIES. -local ambition creates innovations and cost effectiveness. -this also puts pressure on local suppliers to wreathe their game. 4.FIRM STRATEGY , STRUCTURE AND RIVALRY. -local conditions affect firm strategy. -local rivalry forces firm to move beyond basic advantages. THE DIAMOND AS A SYSTEM -the effect of one point depends on the others. -it is a self-reinforcing system. In terms of application, you can take the  example of two industries in INDIA, 1. BPO BUSINESS. 2. KPO BUSINESS. BPO IS ESTABLISHED AND IS ON THE DEVELOPMENT STAGE. KPO IS ON THE THRESHOLD OF GROWTH. 1.

FACTOR CONDITIONS -INDIA has created its ingest important factors such as skilled resources and technological base for expanding BPOs / KPOs -INDIA is upgrading / deploying resources over time to meet the demand. -new innovations. new methods has given the  local industry the comparative advantage. 2.DEMAND CONDITIONS -a more demanding local/ global market has given INDIA  the world(prenominal) / national advantage. -a strong trend setting local market has helped local firms anticipate global trends. 3.RELATED AND SUPPORTING INDUSTRIES. -local competition has created innovations and cost effectiveness. for the Indian BPOs AND KPOs. -this has also put the pressure on local suppliers to nullify their game. 4.FIRM STRATEGY , STRUCTURE AND RIVALRY. -local conditions have affected various firms strategy. -local rivalry... If you compulsion to get a full essay, order it on our website: Orderessay

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