1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stepan [7]
3 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]3 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.

You might be interested in
Calculate percent change if the original value of your stock was $25 and the new value of your stock $30
crimeas [40]

Answer:

Percentage Change | Increase and Decrease

First: work out the difference (increase) between the two numbers you are comparing.

Increase = New Number - Original Number.

Then: divide the increase by the original number and multiply the answer by 100.

% increase = Increase ÷ Original Number × 100.

Explanation:

thats how you find out how to calculate percentage change in value

hope it helps

6 0
3 years ago
Read 2 more answers
The Allowance for Bad Debts account has a credit balance of $ 5 comma 000$5,000 before the adjusting entry for bad debts expense
GaryK [48]

Answer:

62,200 allowance ending

Explanation:

allownce 5,000 credit

<u>Because the bad debt is calculate over the sales,</u> the bad debt expense is the result of that estimated, without considering the beginning balance of the allowance.

22% of net credit sales will be uncollectible:

260,000 x 22% = 57,200

<u>Now ending balance will be beginning + uncollectible for the period</u>

5,000 beginning

57,200 uncollectible for the period

62,200 allowance ending

4 0
3 years ago
Read 2 more answers
Clarifying the issues of a problem is the _____ step in the problem solving process.
solmaris [256]

Answer:

hii there

The correct answer is option ( A )

8 Step Problem Solving Process

Step 1: Define the Problem. What is the problem?

Step 2: Clarify the Problem.

Step 3: Define the Goals.

Step 4: Identify Root Cause of the Problem.

Step 5: Develop Action Plan.

Step 6: Execute Action Plan.

Step 7: Evaluate the Results.

Step 8: Continuously Improve

Explanation:

Hope it helps

have a nice day

8 0
3 years ago
The purpose of determining the critical path on a pert network is to: identify the sequence of tasks that takes the longest to c
natita [175]

Answer:

Identify the sequence of tasks that take the longest to complete

Explanation:

Program Evaluation and Review Technique (PERT) is a project management tool that is used to manage potential contingencies in the process of executing a project. It is used to schedule ,organize and coordinate tasks in a project.

Determining the critical path on a PERT network lists out the time required for different tasks to be completed and as a result , the sequence of tasks that require the longest time are identified.

3 0
4 years ago
Read 2 more answers
Jane Westerlund owns a picture-framing store, The Caplow Co. The average price she receives for a framed picture is $120. This p
Olegator [25]

Answer:

this would cause total costs to Increase and the break-even quantity to Increase.

Explanation:

Total Cost is the Sum of All Manufacturing and Non-Manufacturing  Cost of a product.

Advertising expense before adjustments are at $500. The cost of advertising does not vary with the sales quantities therefore this is a fixed cost.

Therefore an Increase in the advertising expense causes an increase in Total cost figure.

Break even quantity is a function of Fixed Costs divided by Contribution per unit.The break even quantity will definitely change. By increasing the fixed costs (<em>Advertising Expense</em>), the Break even quantity will increase.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Melissa has been working to develop drought-resistance seeds that require little water to grow and which produce grain. she want
    13·1 answer
  • the cost object(s) of the activity-based costing method is(are): Multiple Choice The unit of product. The production departments
    11·1 answer
  • ​if, when a firm doubles all its​ inputs, its average cost of production​ increases, then production displays
    6·1 answer
  • A semiprofessional baseball team near your town plays two home games each month at the local baseball park. The team splits the
    12·1 answer
  • Laws designed to promote competition and prevent the formation of monopolies are known as _______ laws
    6·1 answer
  • Compute the Cost of Goods Sold for 2016 using the following information:Direct Materials, Jan. 1, 2016 $40,000Work-in-Process, D
    11·1 answer
  • What are the main advantages of volume-based allocation methods compared to activity-based costing?
    5·1 answer
  • Albo Corporation and Black Corporation are identical in every way except their capital structures. Albo Corporation, an all-equi
    6·1 answer
  • What tool in Word can you use to search your entire document for spelling and grammar errors?
    11·1 answer
  • A $150 debit to office equipment was entered in the account as a $150 credit. this error caused the trial balance to be out of b
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!