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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?
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'?
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?
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?
When was the term 'business cluster' introduced and popularized?
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Which economist brought attention to the importance of economic geography?
Which economist brought attention to the importance of economic geography?
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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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