_____ Are Regional Groups of Firms That Have a Connection

question 37

Multiple Choice

_____ are regional groups of firms that have a connection to a common technology and may engage in buyer,supplier,and complementor relationships,as well as research collaboration.

• A) Technology transfer offices
• B) Technology incubators
• C) Strategic business units
• D) Technology clusters

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Definitions:

Direct Labor

The wages paid to workers who are directly involved in the production of goods or the provision of services.

Units

Units typically refer to the individual items or quantities of a product or service produced or sold by a business.

Activity Variance

The difference between what was planned in terms of activity levels or costs and what was actually achieved.

Administrative Expenses

Costs related to the general operation of a business, such as salaries of executive personnel and office supplies.