The Business Cluster Quiz

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Questions and Answers

Which term is used in urban studies to refer to a geographic concentration of interconnected businesses in a particular field?

  • Industry cluster
  • Business cluster
  • Competitive cluster
  • Agglomeration (correct)

Who introduced and popularized the term 'business cluster'?

  • Michael Porter (correct)
  • Geography and Trade
  • Paul Krugman
  • Alfred Marshall

Which field is accounting a part of?

  • Business cluster (correct)
  • Strategic management
  • Urban studies
  • Geographical economics

When was the term 'business cluster' introduced and popularized?

<p>1990 (D)</p> Signup and view all the answers

Which economist brought attention to the importance of economic geography?

<p>Paul Krugman (A)</p> Signup and view all the answers

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Study Notes

Business Clusters

  • In urban studies, a geographic concentration of interconnected businesses in a particular field is referred to as a business cluster.
  • The term 'business cluster' was introduced and popularized by Michael Porter.
  • Accounting is a part of the field of finance.
  • The term 'business cluster' was introduced and popularized in 1990.
  • Economist Michael Porter brought attention to the importance of economic geography.

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