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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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Disadvantages of opening a new store location
Ksenya-84 [330]
You might struggle through delayed profitability where the market maynot already be established , it might take a long time to come profitable 
7 0
3 years ago
First Bank offers personal loans at 7.7 percent compounded monthly. Second Bank offers similar loans at 7.4percent compounded da
Korolek [52]

Answer:

The First Bank loan has an effective rate of 7.98 percent.

Explanation:

we calcualte the effective rate for both loand and check which statement is correct.

<u>First bank:</u>

(1+\frac{0.077}{12} )^{12} = 1 + r_e

(1+\frac{0.077}{12} )^{12} - 1 = r_e

     1.07977643  - 1 = 0.07977 = 7.98%

<u>Second bank:</u>

(1+\frac{0.074}{365} )^{365} = 1 + r_e

(1+\frac{0.077}{365} )^{365} - 1 = r_e

     1.076798729   - 1 = 0.076798729  = 7.68%

Notice tthis isthe effective rate not the annual percentage rate.

So only the statement abour the first bank effectibe rate is true.

7 0
3 years ago
The roles and responsibilities of hrm professionals have evolved primarily because?
PIT_PIT [208]

Human resource management tasks and responsibilities have developed largely as a result of two important factors: (1) firms' identification of workers as their ultimate resource and (2) changes in legislation that overturned many conventional practices.

Human resource management is  mostly the practice of recruiting, hiring, the deployment, and  managing personnel in a business. HRM is frequently abbreviated as "human resources" (HR).

HRM has changed dramatically over the previous two decades, making it an even more vital position in today's enterprises. HRM used to involve processing payroll, sending birthday presents to staff, organizing corporate trips, and ensuring forms were completely filled out, in other words, more of an administrative duty than a strategic position critical to the organization's success.

Therefore, human resource management duties and responsibilities have primarily evolved as a result of two key factors: (1) enterprises' identification of workers as their ultimate resource and (2) legislative developments that have reversed many traditional practices.

To know more about hrm click here:

brainly.com/question/10583893

#SPJ4

6 0
2 years ago
An increase in spending of $25 billion increases real gdp from $600 billion to $700 billion. The marginal propensity to consume
maksim [4K]

An increase in spending of $25 billion increases real gdp from $600 billion to $700 billion. The marginal propensity to consume must be "4".

<h3>What do you mean by Marginal Propensity to consume?</h3>

The marginal propensity to consume is refers to as the proportion of any change in income that is spent on consumption.

In economics, this term is used to refer to the measurement made in order to determine consumption when the rent is increased by one unit. This measurement is nothing more than a mathematical relationship to calculate how people invest in consumption or save the income that is increased.

Calculation:

MPC=\frac{change in consumption}{change in income} \\MPC=\frac{100}{25} \\MPC=4

Learn more about Marginal Propensity to consume, refer to the link:

brainly.com/question/19089833

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5 0
2 years ago
the​ risk-free rate is 3​% and you believe that the​ S&amp;P 500's excess return will be 10​% over the next year. If you invest
horrorfan [7]

Answer:

The expected excess return will be 11.4%

Explanation:

The S&P 500's excess return is the market return (rM). Using the CAPM model or the SML approach, we can calculate the required/expected rate of return on the stock we are investing in.

The expected rate of return is,

r = rRF + β * (rM - rRF)

Thus, return on the invested stock will be:

r = 0.03 + 1.2 * (0.1 - 0.03)

r = 0.114 or 11.4%

7 0
3 years ago
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