Question: e explain how a Central American country could develop the sector of the industry that were assigned to you using Porter's Diamond. The industry's sectors
e explain how a Central American country could develop the sector of the industry that were assigned to you using Porter's Diamond. The industry's sectors like Chocolate production and remember Apply Porter's Diamond Michael Porter's National Competitive Advantage Theory states that a nation's competitiveness in an industry depends on the capacity of the industry to innovate and upgrade. He developed a framework that consists of a diamond to understand the nation's competitivenss in an industry. It consists of 4 factors plus 2: 1- Factor Conditions 2- Demand Conditions 3- Related and Supporting Industries 4- Firm Strategy, Structure, Rivalry and 5- Governement 6- Chance
Give an excellent argument about each one related with chocolate business in central america and also write about the importance , facts , pros and cons and give a conclusion. Everything has to be in your own words
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