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Explain the diamond of national competitive advantage theory

Upon completion of the Required Readings, write a thorough, well-planned narrative answer to the following discussion question. Rely on your Required Readings and the Lecture and Research Update for specific information to answer the discussion question, but turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the information. Your Discussion Question response should be both grammatically and mechanically correct, and formatted in the same fashion as the question itself. If there is a Part A, your response should identify a Part A, etc. In addition, you must appropriately cite all resources used in your responses and document in a bibliography using APA style.
Discussion Question 1 (50 points)
Explain the diamond of national competitive advantage theory. Then explain how the existence of the four (4) favorable conditions does not guarantee that an industry will develop in a given locale. Include discussion of how chance and government could have a negative impact on the character of a national diamond. (A 2-page response is required.)

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