When a number of interconnected companies and institutions from a particular field are located in a single geographic location;

Question

Daniel [21]

3 years ago

7

When a number of interconnected companies and institutions from a particular field are located in a single geographic location;

that location is referred to as?a. regional business centerb. metroplexc. business clusterd. industrial point

Geography

1 answer:

choli [55] · Answer 1 · 2022-03-05T05:49:45+03:00

Answer: (C) Business cluster

Explanation:

Business cluster is basically refers to the geographical concentration where various types of business, institutions and the suppliers are interconnected in the specific field. The business cluster is also called as the competition and the industry cluster.

Business cluster plays an important role globally as it increase the productivity in an organization so the various types of firms can compete with each other.

Cluster mainly include various types of technologies so that it helps to provide the good infrastructure and the distribution network.

Therefore, Option (C) is correct.