5 Questions
Which term is used in urban studies to refer to a geographic concentration of interconnected businesses in a particular field?
Agglomeration
Who introduced and popularized the term 'business cluster'?
Michael Porter
Which field is accounting a part of?
Business cluster
When was the term 'business cluster' introduced and popularized?
1990
Which economist brought attention to the importance of economic geography?
Paul Krugman
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.
Test your knowledge on business clusters and their role in increasing productivity and competitiveness. This quiz covers topics such as accounting, agglomeration, and strategic management. Challenge yourself and become an expert in business clusters!
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