Business level Strategy / Generic Strategies

Business level Strategy / Generic Strategies
10/24/2018

Business level Strategy / Generic Strategies 1
Contents
Question...........................................................................................................................................2
Part A...........................................................................................................................................2
Diamond model of National Advantage..................................................................................2
Part B...........................................................................................................................................6
References........................................................................................................................................8

Business level Strategy / Generic Strategies 2
Question
The fundamental of competition has shifted significantly to the creation and assimilation of
knowledge hence, the role of the nation has grown.
Part A
Being the policy and strategy expert of Kuwait it is essential to apply the Diamond model of
National Advantage to analyse the ways through attract and retain Foreign Direct Investments
(FDI).
Diamond model of National Advantage
Michael Porter gave the diamond theory of the national advantage that shows the feature of the
home country that is crucial for the success of the organisation in the international market. The
theory is known as the diamond theory because it reflects the shape of a diamond (Fang, et al
2018). The theory majorly includes 4 factors that affect the organisation. These factors are: -
 Factors of production
 Demand conditions
 Related and supporting industries
 Firm, strategy, structure and rivalry
These factors are applied for the FDI in Kuwait to critically analyse the steps taken by the
government to attract and to retain FDI.
Factors of production