Question

Describe the relationship between the culture of a country and its competitive advantage? Discuss how the culture of Japan has influenced its ability to maintain competitive advantage.

Answer 1

It can be mentioned that ethinic diversity, inspiration and knowledge of the region are the key factors for a person in generating creative thinking which in turn is having a higher level of trust and lower level of risk etc which trigger the competitive advantage over other countries. Groupism can be regarded as the cultural norm that got to trigger growth and development of Japan where the collective team effort also enabled people to share their ideas which in turn told that groupism has led the country to gain a competitive advantage in the country on the whole.