Silicon Valley in California Is the World Center for the Computer

question 89

Multiple Choice

Silicon Valley in California is the world center for the computer and semiconductor industry and has many of the world's major computer and semiconductor companies located close to each other,thus offering the location-specific advantage of

• A)a multipoint competition.
• B)an oligopoly.
• C)a first mover.
• D)externalities.
• E)free riders.

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Definitions:

Performance Objectives

Performance objectives are specific goals identified to measure the effectiveness and efficiency of an employee's job performance.

Output Standards

The pre-determined levels of performance or production that a process or system is expected to achieve.

Input Standards

Benchmarks or criteria used to measure the quantity, quality, or timeliness of resources used in a production process or project.

Critical Path

In project management, it is the longest sequence of tasks that must be finished on time for the whole project to be completed on schedule.