In 1990, Michael Porter and a team of researchers attempted to determine why some nations succeed and others fail in international competition. The task was to explain why a nation achieves international success in a particular industry, such as Japan in the automobile industry and Germany in the chemical industry.

Porter theorizes that four factors of a nation lead to shaping the competitive advantage:

• Factor Endowments
• Demand Conditions
• Relating and Supporting Industries
• Firm Strategy, Structure, and Rivalry

Your Hill & Hult textbook describes Porter’s theory in detail.  In your paper, give an example of an industry and a country and relate each of the four factors of the Diamond to this example. How has that industry succeeded or failed according to the Diamond strategy?  You will need to use the Benedictine Library as well as outside resources for this research.

NOTE: Do not use an individual company or firm as your example, the Diamond illustrates industries as a whole.

Since this is an International Business course, DO NOT USE any examples of US industries. A 20% points deduction will apply to papers that are US industries. Also, do not use examples found on the Internet such as the Japanese Auto Industry, Japanese Fax Industry, or Swiss Pharma Industries. You must develop a unique paper for an industry and country.