Organizations That Cluster near Each Other Typically Are at a Competitive

question 30

True/False

Organizations that cluster near each other typically are at a competitive disadvantage relative to organizations that are not in clusters.

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Definitions:

Second Law

Often referring to the Second Law of Thermodynamics, which states that the total entropy of a closed system can never decrease over time.

Thermodynamics

The branch of physics that deals with the relationships between heat, work, temperature, and energy.

Entropy

A measure of the disorder or randomness in a system, often associated with the Second Law of Thermodynamics, indicating the direction of spontaneous processes.

Energy

The quantitative property that must be transferred to an object in order to perform work on, or to heat, the object.