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A tool manufacturer is planning to set up a production plant abroad. It has selected five potential countries based on their population size, stage of economic development, labor costs, and access to world markets. Considering the connection between culture and competitive advantage, which country would be the best investment site for this company

Respuesta :

Lanuel

The best investment site for this company is Country B, where education is well-developed and social stratification is lacking.

What is competitive advantage?

Competitive advantage can be defined as the factors, conditions, or circumstances that allow a business firm (company) to manufacture finished goods or services better and perhaps, cheaper than other rival business firms (companies) in the same industry.

This ultimately implies that, competitive advantage is responsible for putting a business firm (company) in a superior and more favorable position than its rivals.

In this scenario, we can infer and logically conclude that the best investment site for this company is Country B, where education is generally well-developed and social stratification is completely lacking.

Read more on competitive advantage here: https://brainly.com/question/26514848

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