According to Michael Porter, when will companies in a specific nation be most likely to succeed in industries or strategic groups? when all attributes of national competitive advantage are favorable when home demand provides the impetus for improving competitive advantage when there is a high degree of managerial sophistication and technological know-how when customers are sophisticated and demanding hy is domestic rivalry important to the creation of national competitive advantage in an industry? It forces companies to focus on maximizing short-term financial returns. it forces companies to determine where their most significant global competitors are. it forces companies to mprove efficiency. it forces companies to rethink maragementideologies. How can firms use Michael Porter's framework as a tool to expand global trade? to decide where to locate certain activities to ustify technology upgrades to limit who they want to compete with to increase scale economies How do multinational companies develop unique resources that help them achieve success when competing in foreign nations? based on localization based on distinctive competences bosed on production processes based on marketing abilty