Analyse the case study with reference to Michael Porter’s Theory :: Business and Management Studies

Analyse the case workplace with part to Michael ostiariuss possibleness of Competitive Advantage and dish the hobby question Does America surrender competitive reward in the framework and garment industry?Analyse the case study with reference to Michael ostiariuss Theory ofCompetitive Advantage and answer the following questionDoes America have competitive advantage in the textile and garmentindustry?You answer must include the following elements1. A clear outline of Porters theory with supporting references. 20%2. An analysis of the case study with reference to the 4 main elements of Porters Diamond. (N.B. You lead not be able to comment on company structure, as the case study does not include tuition on this. You should, however, refer to factor conditions, demand conditions, firm rivalry and cerebrate and supporting industries.) 40%3. An analysis of the case study with reference to Porters secondary points of chance and government actions. 20%4. Your c onclusion. 10 %The rest 10 % will be for grammar, style, clarity, using thecorrect system of referencing (the Harvard System) and so forthLiteratureMichael E. Porter. The Competitive Advantage of Nations.Does America have competitive advantage in the textile and garmentindustry?For a country to have a competitive advantage, it is necessary tounderstand Michael Porters Theory of National Competitive Advantage.Michael Porter introduced a toughie that allows analysing why close tonations atomic number 18 more competitive than others are, and why some industrieswithin nations are more competitive than others are, in his book TheCompetitive Advantage of Nations. This model of determining factors of subject area advantage has become kn declare as Porters Diamond. It suggeststhat the national home base of an organization plays an important rolein mold the extent to which it is likely to achieve advantage on a orbicular scale. This home base houses basic factors, which support orhi nder organizations from grammatical construction advantages in global competition.Porter distinguishes four determinantsFactor ConditionsThe situation in a country regarding production factors, likeskilled labour, infrastructure, etc., which are germane(predicate) forcompetition in particular industries.These factors can be grouped into piece resources (qualificationlevel, cost of labour, commitment etc.), material resources (naturalresources, vegetation, space etc.), knowledge resources, capitalresources, and infrastructure. They similarly include factors like qualityof research on universities, deregulation of hollow markets, orliquidity of national stock markets.These national factors often provide initial advantages, which aresubsequently built upon. Each country has its own particular set offactor conditions hence, in each country will develop thoseindustries for which the particular set of factor conditions is