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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. Competitive supplier bases often decrease manufacturing costs. Close working relationships with suppliers help develop competitive advantages, for example through joint research and development. A large base of related and supporting industries is likely to decrease buyer demand and increase domestic rivalry. Related and supporting industries enable firms to manage their supply chain's inbound logistics more effectively

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