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Article Critique - What Businesses Should Do to Restore Competitiveness

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What Business Should do to Restore Competitiveness by Michael Porter and Jan Rivkin I. Summary
The article by Michael Porter and Jan Rivkin, titled What Business Should do to Restore Competitiveness, revolves around the idea that American business and America as a whole are losing their global competiveness. With this premise, the authors shared a key perspective or idea which combined two present believes in that country. The perspective they provided is that businesses can and should enhance the commons, or its business environment, which the government has set. This would mean that it is the responsibility of both the government and the businesses to improve the commons. Long-run profits may be derived by the businesses employing this method. They, the authors, defined competiveness as the ability to operate in the United States and successfully compete with the global economy while supporting the high and rising living standards in that country.
The article then discussed several ways to improve or restore competiveness. The ways may be classified into three categories. The first method was to pursue productivity. Productivity is not only found by producing more but also by emphasizing unique strengths that the American sector can provide. The article also states that it’s not necessary to always stay within the United States. This became evident in the fact that there are several multinationals expand faster in the States when they are also expanding in other countries. This is also coupled with the fact that there are instances when activities are brought back to America due to costs, quality problems and other factors.
The second method is to build both the commons and the business itself. One idea stems from the fact that many businesses fail to realize the potential impact of their communities on their success. Due to globalization, companies

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