_____ is a model that assesses the competitive potential of industries.

A) Wilbur Schramm's Model of Communication
B) Maslow's Hierarchy of Needs Model
C) Porter's Diamond Model
D) The Bait and Hook Model

Porter's Diamond Model

A framework for analyzing the competitive advantage nations or regions possess due to four key factors: factor conditions, demand conditions, related and supporting industries, and firm strategy, structure, and rivalry.

Competitive Potential

Refers to the capacity of a company or industry to compete effectively in the market and expand its market share.

Industries

Broad categories that encompass various companies and organizations involved in the production of goods and services in specific areas of the economy.