A Double Diamond Comparison of the Automotive Industry of China, Essay

A Double Diamond Comparison of the Automotive Industry of China, India, and South Korea - Essay ExampleThe prime merit of executing the role model of Double Diamond is that the model forces different government leaders as well as businesses to think about management strategies and public policies in a different ways. The model has been viewed to depict certain valuable factors or attributes through which competitive advantages can be generated by a considerable level. It has been apparently find in this similar circumstance that various industries have applied this occurrence model in order to enhance as well as waken their competitiveness by focusing upon the different attributes of the model. According to Porter, the four broad attributes of the model determines the competence level at large. A detailed explanation of these attributes has been provided hereunderRelated and supporting industries refer to one of the most pervasive findings of Porters model. The findings state tha t when there lays large industry presence in an bailiwick then it will certainly increase foodstuff competition and higher risk of losing employmentFirm strategy, structure and rivalry refer to the business market competition that eventually makes the organisations to develop their different products and attain superior competitive position over their chief market contenders (Tallman, 2010)In order to explain the differences surrounded by the Double Diamond amaze and Porters Diamond Model, it has been apparently observed that the newly revised model of Porter i.e. Double Diamond Model emphasises upon certain important aspects through which superior competitiveness can be attained. The aspects comprise technological innovation, domestic competition and general infrastructure among others. It has been viewed in this particular context that the newly revised Double Diamond Model elaborately discusses various significant factors that can raise competitiveness by a greater extent as compared to Porters Diamond Model. The