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Aleta Is Developing a New Software Company

question 25

Multiple Choice

Aleta is developing a new software company. She locates her business in an industrial park that offers low rent and shared support staff to start-up companies. This is an example of a _____.


Definitions:

Company Specificity

Features or characteristics unique to a particular company that differentiate it from its competitors.

Local Human Capital

The collective skills, knowledge, and experience possessed by individuals within a local region, contributing to its economic development.

Location Specificity

The importance of a particular location in adding value to a product or service, often due to unique resources or qualities.

Company Specificity

Refers to the unique characteristics, resources, and capabilities that differentiate a company from its competitors, often driving competitive advantage.

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