why some nations succeed and others fail in international competition.Factor endowments-a nation's position in factors of productionsuch as skilled labor or the infrastructure necessary to compete in agiven industry.Demand conditions-the nature of home demand for the industry'sproduct or service.Relating and supporting industries-the presence or absence ofsupplier industries and related industries that are internationallycompetitive.Firm strategy, structure, and rivalry-the conditions governing howcompanies are created, organized, and managed and the natureof domestic rivalry.
