Business Studies · Industrial Clusters
Consider the following statements regarding cluster development in small industries: 1. Industrial clusters improve competitiveness of small firms. 2. Clusters facilitate sharing of technology, skills, and infrastructure. 3. Cluster development reduces cooperation among firms. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3
- 21 only
- 32 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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