Porter Diamond Theory Of Competitive Advantage

Q1:
Competitive advantages are conditions that enable an organization to deliver a good product with lower cost or in more desirable manners for clients.
These conditions enable the gainful substance to create a larger number of offers or unrivaled edges that is competitors .comparative advantages are created from different factors ,there factors are the cost structure ,products, quality, brand ,network of distribution ,protected innovation and client support.
As a nation, relying on one type of industry has its advantages and disadvantage, as a public sector government role is to create suitable circumstances.
These disadvantages are can lead to more risks than benefits. Concentrating on one type of industry and discouraging other investments

Organizations must recognize the valuable function of innovation—and the uncomfortable truth that innovation grows out of pressure and assignment.
Competitive advantage is gained from leadership that harnesses and amplifies the forces within the diamond to sell innovation and upgrading. There are various varieties of organization regulations in an effort to encourage that effort:
Create pressures for innovation an agency must search for out strain and task, not keeping away from them. Taking advantage is a part of strategy of the home state to create innovation.
Seek out the most capable competitors as motivators to encourage organizational change, capable competition and revered rivals can be an enemy. The good managers are always scared, they study competitors To stay dynamic.
Establish early-warning systems Businesses can take movements that assist them see the indicators of alternate and act on them, thereby getting a leap on the

Even as it is fashionable today to call for mergers and alliances inside the name of globalization.
Reject managed trade. Managed change represents a growing and perilous tendency for handling the fallout of national competitiveness.
There are policies that can enable firms to contribute in creating and sustaining the nation’s competitive advantage some of them are (protectionism-strategic trade policy – capital control policy – (FDI) foreign direct investment policies).
-Protectionism is manager’s challenge to understand precisely where protectionism lies, and the best way to exploit or avoid its roles. Tariffs and quota are the oldest and most obvious forms of it. Both of US and EU are Egypt’s primary export accomplices , the joined offer of Egypt T & C sends out had achieved 86% in 2010.this clarifies why eliminating quota forced under the “general agreement on tariffs and quota” .Various examinations were done to break down the impact of share abolishment on T &C domain in Egypt, Jordan, morocco and Tunisia with an emphasis on Egypt (world bank 2010 , Egyptian center for economic studies 2010) the two investigations demonstrate that one year after release of quota system