Which of the Following Statements Is True Concerning Clusters

question 65

Multiple Choice

Which of the following statements is true concerning clusters?

• A) The desire to build or upgrade a core competency is one reason why entrepreneurial and other fast-growing firms often tend to locate close to their competitors.
• B) Clusters are geographically dispersed companies operating within the same industry.
• C) The United States does not have any clusters; they are all located in Europe.
• D) According to Porter, clusters provide barriers to the access of employees, suppliers, and specialized information.
• E) Employees from competitive firms in a cluster are not permitted to socialize with one another.

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Definitions:

Absorption

The process by which one substance takes up another substance through physical or chemical means.

Frequency Values

Numbers that represent the rate at which a periodic or cyclic process occurs, often measured in hertz (Hz).

Hertz

The unit of frequency in the International System of Units (SI), defined as one cycle per second.

Electromagnetic Radiation

A form of energy that is propagated through space or matter, consisting of both electric and magnetic wave components.