New Economics of CompetitionHarvard Business Review November/December 1998 pp 77-90) both available in the Jackson Library. Other valid sources available online

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Please answer the following questions thoroughly but briefly. I will provide word guidance ONLY to give you an idea of what I expect in terms of answer length. I do not count words. I am looking for insights.

1. Q. Define each of the four factors in Porters Diamond Theory using examples from one of the following global Industries to illustrate your definition?

Automobile Industry

Dress Footwear /Leather Industry

Gaming Software

Q. Explain Porter's view of the role of Governments in helping a competitive advantage for domestic firms.

1. In 2018, the US announced it would place large tariffs on Aluminum imported from China as a way of stimulating the growth of the US Aluminum Industry.

Q. 3a. What, if any, impact did these tariffs have on improving the competitiveness of US Aluminum firms? Was there substantial new job creation because of these quotas?

. 3b. What, if any, impact did these tariffs have on the price of Consumer Goods using aluminum

(Like Canned Soda and Energy Drinks) as a component of production?

. Explain why Porter would say protectionist tariffs are counterproductive for creating a competitive advantage for the Nation's firms within any industry.