Which of the following statements is true concerning clusters?
A) The desire to build or upgrade a core competency is one reason why entrepreneurial and other fast-growing firms often tend to locate close to their competitors.
B) Clusters are geographic concentrations of interconnected companies and industries.
C) An example of a cluster in the United States is California's Silicon Valley.
D) According to Porter, clusters provide access to employees, suppliers, specialized information, and complementary products.
E) all of the above
E
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The term "bedbug letter" refers to ________
A) a type of response that landlords provide to complaining tenants B) a prewritten response to consumer complaints, dating back to the heyday of railroads C) a customized response to complaints used by the pest control industry D) an ombudsperson to respond to repeat complaints
Like a bond, common stock provides no specific promise of when and how much you will receive
Indicate whether the statement is true or false.