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Which of the following statements about related and supporting industries' role in creating a diamond of national advantage are correct? (Check all that apply.) Multiple
Which of the following statements about related and supporting industries' role in creating a diamond of national advantage are correct? (Check all that apply.) Multiple select question. A large base of related and supporting industries is likely to decrease buyer demand and increase domestic rivalry. Close working relationships with suppliers help develop competitive advantages, for example through joint research and development. Related and supporting industries enable firms to manage their supply chain's inbound logistics more effectively. Competitive supplier bases often decrease manufacturing costs
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