The Idea Behind Clustering Is That Each Part of a Network

question 13

Multiple Choice

The idea behind clustering is that each part of a network is ___________ productive operating in isolation, so if governments can push each element of the cluster in unison, they should realize ___________ in productivity.

• A) far more; huge gains
• B) far less; huge losses
• C) far less; huge gains
• D) far more; huge losses

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Definitions:

Performance Measurement

The process of evaluating the efficiency and effectiveness of actions by comparing actual results to intended or planned outcomes.

Simplistic

Lacking in complexity, or overly simplified, sometimes missing critical nuances.

Unlimited Performance Measures

A theoretical concept where performance can be evaluated using an infinite number of metrics, beyond the traditional financial and non-financial indicators.

Benchmarking

A process of measuring business processes or performance metrics to industry bests or competitors, aiming for continuous improvement.