All Exams Test series for 1 year @ ₹349 only
Question

Who proposed the theory of competitive advantage ?

The correct answer is

Michael Porter

The theory of competitive advantage was proposed by Michael Porter in his book 'The Competitive Advantage of Nations' (1990). It explains national competitiveness through the Diamond Model: factor conditions; demand conditions; related and supporting industries; and firm strategy, structure and rivalry, along with the roles of chance and government.

David Ricardo proposed the theory of comparative advantage (1817), Adam Smith proposed the theory of absolute advantage (1776), and Bruce Kogut is known for work on value-added chains and international strategy rather than this theory.

Hence, the answer is Michael Porter.

Was this answer helpful?

Similar Questions

  1. X and Y are partners sharing profits in the ratio of 3 : 1. They admit Z as a partner who pays ₹ 4,000 as goodwill. The new profit ratio being 2 : 1 : 1 among X, Y and Z respectively. The amount of goodwill will be credited to ................. .

  2. By way of .............. company can keep its shareholders happy without impairing the financial position and liquidity of the company.

  3. Pre-acquisition profit in subsidiary company is considered as :

  4. The ratio of variable cost to sales is 70%. The B.E. Point occurs at 80% capacity. Find 100% capacity sales when fixed cost is ₹ 6,00,000. Assume that P/V Ratio, variable cost ratio are complement each other.

  5. What is the index of conservatism in capital structure ?

  6. Which of the following is not a principle of WTO ?

  7. Disequilibrium in the balance of payment is caused by which economic factor ?

  8. Identify a factor that doesn’t play an important role in attracting FDI.

  9. Which of the following is not a characteristic of joint venture ?

  10. Which of the following is not the level of Regional economic integration ?


Important Questions from Mixed Topic (MH-SET)

  1. .................... is a client server application that identifies each host on the internet with a unique user-friendly name.

  2. Every OS has a ................ or .......... which primarily resides in the main memory of the computer to perform some of the basic functions of the OS.

    (i) Kernel

    (ii) Interface

    (iii) Nucleus

    (iv) Compiler

    Codes:

  3. Which of the following are referred to as low level language?

    (i) Machine language

    (ii) Assembly language

    (iii) High level language

    (iv) Natural language

    Codes:

  4. Match the following:

    List IList II
    (a) New York Public Library(i) Shelv AR
    (b) Miami University Augmented Research Group(ii) Smart library
    (c) Oula University Library(iii) Wolf Walk
    (d) North Carolina State University(iv) Find the future

    Codes:

  5. Which part of the QR code represents the encoded data?

Need Expert Advice?
Upcoming Exams
MH SET
October 25, 2026
JTET
November 01, 2026
CTET
December 12, 2026
Test Series
MH-SET img
Teaching
MAHA TAIT Mock Test Series (New)
58 Tests 1 Tests Free
3843 Attempts
4.9(108)
English, Hindi, Marathi
More Questions from MH-SET

Start Your Preparation with Prepp Mobile App

Download the app from Google Play & App Store
Download the app from Google Play & App Store
Prepp Mobile App