Ask Question
30 October, 10:20

What term refers to the location of competing companies near each other?

+1
Answers (1)
  1. 30 October, 10:48
    0
    Answer: Clustering is the term that refers to the location of competing companies that are near each other.

    Explanation: A business cluster is everything that relates to the location of one business to the next. By clustering competing businesses or businesses that are interconnected consumers and supplies are able to locate the different companies easier. Clusters are important because they are known for increasing productivity.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What term refers to the location of competing companies near each other? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers