Podcast
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?
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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