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Using the automotive industry as an example, explain how competitive intensity in a focal industry affects national competitive advantage.

Answer :

Final answer:

Competitive intensity in the automotive industry affects national competitive advantage by driving innovation, improving product quality, and meeting consumer demands.

Explanation:

In the automotive industry, competitive intensity refers to the level of competition and rivalry among companies that produce and sell cars. This competition can have a significant impact on a country's national competitive advantage. When there is high competitive intensity in the automotive industry, it leads to greater innovation, improved product quality, and responsiveness to consumer demands. This ultimately enhances the national competitive advantage by attracting customers, creating jobs, and driving economic growth.

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