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stepan [7]
2 years ago
5

Clustering _____ Select one: a. takes place when new firms enter regions already thick with other firms in the same or similar i

ndustries. b. occurs when there is a single firm in an economy that can charge different prices for the same product. c. occurs when government resources are diverted toward one particular sector of an economy.
Business
1 answer:
m_a_m_a [10]2 years ago
8 0

Answer:

Letter a is correct. <u><em> Takes place when new firms enter regions already thick with other firms in the same or similar industries.</em></u>

Explanation:

<u>Clustering</u> occurs when there is a communication and collaboration of certain companies with similar characteristics and located in the same region, which generates greater organizational efficiency between each one.

It was <em>Michael Porter</em> who defined the concept of Cluster, and set three central objectives for companies using this arrangement:

  1. Stimulating the creation of new companies,
  2. Enhancing innovation,
  3. Increasing the productivity of cluster companies.

The biggest benefits added to this business arrangement strategy are: cost reduction, technology diffusion, entry into new markets, new products, overcoming legal barriers and stimulating the economic and social development of the region where the companies are located.

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A country made education free and mandatory up to age 15. It established 100 new schools to educate kids across the country. As
bazaltina [42]

Answer

Hi,

A country made education free and mandatory up to age 15. It established 100 new schools to educate kids across the country. As a result, citizens acquired the __skills____ required to work. The schools generated__jobs___ for teachers and other staff. In 20 years, the country saw a rapid __increase____ in its GDP.

Explanation

When the country makes education free and mandatory, many parentsare encouraged to take their kids to school to learn and acquire skills needed for them to participate in building the nation. Establishing new 100 schools is investing in human capital which will create employment opportunities for teachers and other staff in the education and training sector. When employment opportunities are created, people will earn money and pay taxes to the government. This will in turn cause growth of the GDP of the country.

Good luck!

6 0
3 years ago
Read 2 more answers
When a tax of $1.00 per gallon is imposed on sellers of gasoline, the supply curve for gasoline shifts upward, but by less than
ycow [4]
When a tax of $1.00 per gallon is imposed on sellers of gasoline, the supply curve for gasoline shifts upward, but by less than $1.00. A tax on sellers usually causes buyers to pay more for the good and sellers to receive less for the good than they did before the tax was levied.
8 0
3 years ago
Changes in the quality of a good a. present a problem in the construction of the consumer price index, and that problem is somet
Agata [3.3K]

Answer:

D

Explanation:

The consumer price index measures the changes in price of a basket of good. It is used to measure inflation. Because the price of price of used cars and trucks in US has increased , the CPI would increase

CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

Changes in the quality of good is not included in the calculation of CPI. This is one of its drawbacks

8 0
3 years ago
You put $300 into a savings account with an interest rate of 8% which earns $144.00 over a period of
bogdanovich [222]
It will take a total of 6 years
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3 years ago
You are sitting around the fire at a lodge in Dillingham, Alaska, discussing a fishing expedition you are planning with your col
maw [93]

Solution :

Risk management first involves the identification of the potential risk that may be involved. It should focus both on the objectives as well as events that could cause the consequences.

Some of the major risks that can be involved are :

• sudden weather conditions which may not support the flight travel.

• Embargo on fishing by the State or local authority suddenly

• any kind of physical injury to the members of the group

• there may be forest fire around the lake

• technical error that might occur during the course of adventures

The impact for the risk that includes the majuere risk will be very high for all the parameters that can increase the cost by 40%, it can also lead to increase in time by about 20% which can cancel the expedition. . These types of risk will not be covered under any scope.

For the physical risk, the impact will be moderate for the parameters.

                            Risk Response Matrix

Risk         Response        Contigency plan         Trigger     Who is responsible

Force        Mitigate      Choosing another      Situation is               Nils

Majuere                        destination as a back  not clear in

                                        up.                               24 hours.

Physical   Mitigate      Proper training and     After observing       Eddie

injury                           safety kits                     the participants

7 0
2 years ago
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